Nicholas Mahon
Individual owner vs LLC vs Corporation
6 July 2016 | 19 replies
One of the biggest tax advantages you can get is the exclusion of capital gains on your primary residence.
James Park
Best and Worst States for Taxes for Retirees
5 November 2015 | 0 replies
But local taxes may add another 4%.Income Tax RangeLow: 1% (on the first $1,000 of taxable net income for married couples filing jointly; on the first $750 for individual filers; and on the first $500 for married couples filing separately)High: 6% (on taxable income over $10,000 for married couples filing jointly; on taxable income over $7,000 for individual filers; and on taxable income over $5,000 for married couples filing separately) Social SecurityBenefits are not taxed.Exemptions for Other Retirement IncomeTaxpayers who are 62 or older are eligible for a retirement-income exclusion.
David Moore
Low Profit Margin on Multi-Unit Properties?
28 January 2016 | 7 replies
I've been an investor in SFR exclusively, but this past summer, tried to enter the multi dwelling unit market.
Kevin Harrison
question about "house hacking" leases and expierences
12 November 2015 | 9 replies
I told him that while we tend to usually be a quiet household, we're not going to have quiet hours....and that we're all adults and can do laundry whenever we feel like it.
Vincent Wright-Mensah
11 unit multi family
13 November 2015 | 6 replies
"Gross rent $180,000, NOI is $128,000"If accurate and no exclusions, that's an expense ratio of 28% and that's good.HOWEVER, Price / GSI = 2,800,000 / 180,000 = 15 (the GRM) Someone is dreaming on the price.
Immanuel Sibero
Newbie from Carrollton, TX
20 April 2016 | 26 replies
I also found that these 3 areas are closely related and are not mutually exclusive.
Carson Sweezy
Little Rock, AR 1031 Exchange
19 November 2015 | 11 replies
Therefore, investors must have a net worth of $1M or more exclusive of their home or meet the income requirement of $200k/year for the last 2 years with the reasonable expectation of the same in the current tax year for an individual or $300k/year for a married couple.
Gabe Chime
Should I set the max number of adults?
16 November 2015 | 9 replies
The HUD + local zoning rules allow 6 unrelated adults.Would it be wise to limit the number of adults to a lower number (3 or 4)?
Manoj N.
Fridge handle broke
16 November 2015 | 7 replies
My tenants (3 unrelated adults) informed me that handle of the Fridge is broke.
Cooper B.
Offer strategy for a hot deal on HUD homestore
17 November 2015 | 9 replies
Today is the last day of the exclusive listing period for owner occupants.