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4 June 2018 | 2 replies
I see you are from Illinois and here is a link to their state website explaining that the property tax exemption is only on the primary residence:https://www2.illinois.gov/veterans/benefits/pages/real-estate.aspxHere is a breakdown of these laws by state:https://www.hadit.com/disabled-veterans-property-tax-exemptions-state/Thank you sincerely for your service to our country!
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15 April 2018 | 4 replies
There are no tax benefits for an LLC that are not there for a sole proprietorship as they are both "pass-through entities."
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19 April 2018 | 4 replies
Through my own research of the insurance code, I have found that as a broker I need to give my client the Standard Broker Fee Agreement and Standard Broker Disclosure along with the applicable insurance pamphlets.
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11 May 2018 | 3 replies
In the midst of the teacher walk-out, which we supported, we also received a pretty large tax benefit from selling a couple of properties and not having to pay Oklahoma capital gains.
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22 April 2018 | 6 replies
For example an email to your property management company dated pre-departure or something.Another thing that the book stated was that the IRS tax code uses the words "ordinary" and "necessary" for expense write offs.
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19 April 2018 | 10 replies
And then yes, more tax benefits with more properties.
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15 April 2018 | 2 replies
There is a lot of turnover in contractors that work for HD, because HD really squeezes all the profit out and leaves the contractors with little $ for their effort, so they cut a lot of corners wherever they can in an attempt to actually make some $, and then they quit after a few poorly done projects that nobody except HD benefits from.
19 April 2018 | 8 replies
With proper strategies, you can use the tax-sheltering benefits of such a plan to compound earnings over time and build a significant amount of wealth to draw on in your sunset years.Self-directed IRA and 401(k) plans are not for everyone.
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1 May 2018 | 36 replies
In other words, over 8 years will go by before you break even on your investment.This is ignoring any rise in property value, which you wouldn't benefit from unless you sold it, anyway.Even after 30 years, it is still less than a 9% ROI.
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16 April 2018 | 10 replies
go on craigslist and put in 0 miles from those zip codes and see what the results are.