20 May 2020 | 3 replies
It's as easy as making a post on your facebook or social media!
17 May 2020 | 2 replies
PROS- HELOC is at 2.49%, where the investment loan is at 4.25%CONS- ties up resources (if something else comes along)- possibility of tax implications (harder to claim interest as expense) - actually tax write off will likely vanish completely.- more income from investment property would get added to our annual income base each year.- in today's climate LLC loans are harder to access (albeit this may be one-three years out)----Update ~ hit a wrong key and this post saved.
20 May 2020 | 10 replies
You know when it's being audited because the lender will ask for a social security of the buyer or even passport or drivers license, which typically NEVER gets asked for.
21 May 2020 | 2 replies
The reason why you can not let a company do social media marketing is because they do it wrong.
20 May 2020 | 1 reply
Are there certain tax implications that will complicate this?
2 June 2020 | 11 replies
oh lawd, (face palm). it was just a general question which is now led to social profiling.
22 May 2020 | 1 reply
If i move a personal owned property to an LLC i own would that give/ start credit history in my LLC or is it still tied to my social so therefore not impacting my LLC whatsoever. the intention here is to give my LLC credit history or at a minimum start building history so i can be more flexible with purchases.
25 May 2020 | 2 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
26 May 2020 | 5 replies
the politicians in Illinois just can't help themselves from moving further and further toward collectivism/socialism.
29 May 2020 | 9 replies
Or there's that guy yesterday who looked at my cart of 70% off culled materials & tells me he would NEVER use that defective crap on his place.We have friends & family with auto loans/leases & still heavily mortgaged who confess that they can't afford to retire & hope social security will cover their retirement living expenses.