Mark Yuschak
Fannie re-key fees
25 April 2011 | 19 replies
Yup, every time...and yes, they are at $150 these days (at least in my experience)...I understand the need to rekey, as FNMA uses the same keys for large batches of properties, so giving you a key would essentially allow you into many other FNMA properties (and allow other buyers into your property if they swipe a key).But, the $150 is ridiculous.
Kyle Meyers
LLC Taxes
24 April 2011 | 2 replies
If you choose to make that election, then from the IRS' perspective, your LLC is essentially a corporation.If you elect to be taxed as an s-corp, earnings still flow through to your 1040, but you have some additional options with respect to breaking up salary and dividend payments.
Anthony Halstead
BIGGER than Hyperinflation?
29 April 2011 | 13 replies
I had some 12 paks of diet coke that we'd bought on sale a few months ago.
Mike Knowles
Solo 401k self employment requirement
28 April 2011 | 2 replies
., this essentially funds the LLC/sole proprietorship.
Purnima Mehta
Title insurance
30 April 2011 | 7 replies
Title insurance is essentially an insurance policy that protects you in the case that a previous owner or some other person tries to make a claim that they own part/all of your property and/or try to encumber your property based on action of a previous owner.Here's a real-life example of how title insurance is helping me TODAY:I have a closing this afternoon on a property I purchased 2.5 years ago.
Bill Gulley
BIN LADEN IS DEAD!
2 May 2011 | 23 replies
My guess is OBL was relying on secrecy for protection instead of a private army which would have essentially broadcast his location.
Matthew J. T.
How do you file Taxes as a wholesaler?
27 August 2011 | 7 replies
For my S Corp, I receive a salary plus I get dividends which are taxed at only 15% as opposed to the marginal tax rate.Check with your own CPA, however, good record keeping is essential in any business, particularly RE.
George P.
EnviroTabs - anyone heard/used?
5 August 2011 | 28 replies
Essentially it only means that EPA is aware this product exist on the market.
Robert Littke
ROI
8 June 2011 | 8 replies
If you consider compounding effects, it's actually closer to 6% annualized return, and this still doesn't take into account the discount rate (remember, cash in-hand today is worth more than the same amount of cash in the future).Assuming a discount rate of about 3% (what you could get in a 3-year CD at essentially no risk), the actual discounted return is about 3.2%, or less than half of the 6.6% it appears to be using simple annual percentage rate calculations.So, if the OP thinks he can get more than 3% return on the $300K, he should take the $300K now...
Mike Knowles
Seeking thoughts on potential deal
22 June 2011 | 12 replies
I wouldnt waste money upgrading it besides the BARE essentials.