29 January 2021 | 5 replies
@Arron Paulino you can withdraw contributions from a ROTH IRA at any time with no penalty, and those withdrawals are treated as contributions first, then once cumulative contributions are exhausted, and only then, is there considered a distribution subject to tax/penalties before the qualifying rules (retirement age, 5 years, etc.) go into effect.
19 January 2020 | 11 replies
But before jumping into Pay Per Click, it is VERY VERY important to know exactly how to use it effectively and efficiently.
5 February 2020 | 18 replies
However, if you have excess depreciation from other properties that excess depreciation is applied to the capital gains making them tax deferred.Ultimately, your taxes (long term capital gains + recapture depreciation) are due in full when all your properties are sold.However, if you keep reinvesting you can effectively defer taxes forever similar to 1031.DISCLAIMER: I am not a CPA and this in not a tax advice.
19 February 2020 | 11 replies
But when used properly (ie in accordance with the law), LLCs are equity effective at protecting personal assets.
16 February 2020 | 6 replies
Over time, I just base the number on experience and can get pretty close to what it will be later on.Now, as far as your deal specifically, higher valued properties usually don't rent as effectively as lowered valued properties.
7 January 2020 | 8 replies
I've researched doing postcards, SEO, bill boards, and even radio ads; is anyone doing these and are they effective?
7 January 2020 | 7 replies
@D’Andre Legrand - more effective is a hard thing to answer.
1 May 2017 | 6 replies
Make sure you have plenty of coverage and you get soil condition reports before making building because it may effect what you do.Keep all of the reserve money for nature-related damage just in case you need it.
19 June 2016 | 1 reply
I have read multiple books on how to analyze properties. Most of them all say the same thing on how to get gross income minus expenses including vacancy, CapEx, repairs, taxes, insurance, mortgage payments, etc. The a...
21 June 2016 | 9 replies
It's the long way around to generate opportunities.I find it much more effective to look for properties with problems, some of which will be prior to probate.