
28 February 2020 | 1 reply
They still do reno work and the same rules apply.

26 February 2020 | 6 replies
You should consult with a cpa for details how it applies to you.

27 February 2020 | 5 replies
And then there's no guarantee you'll even benefit from depreciation as IRC Sec 280A(c)(5) applies to a vanilla "house hack".

9 March 2020 | 14 replies
Just as important as the Act itself is learning how the Residential Tenancies Tribunal (RTT) {formerly the Office of the Rentalsman} applies the law and the regulations which accompany the law.

26 February 2020 | 1 reply
I am contemplating to using if this is good strategy.I am thinking of doing a refi 30years in an investment property and do a cash out and do a refi cash out on a Vacation property that was bought for cash and rehabbed and then apply a combined lumpsum payment to my primary home that I am paying a good amount in interest $1200 and there by increase equity and get a heloc open for use for the next coming investment.

1 March 2020 | 15 replies
Rules apply to all groups and classes.

28 February 2020 | 3 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

8 April 2020 | 63 replies
No refunds for cancellations made within 7 days of check-in.But...You can apply for a full refund through Airbnb's "extenuating circumstances" program.
26 February 2020 | 5 replies
It also may be that the carrier applied an inflationary increase on the value and that has caused the increase.