1 April 2012 | 7 replies
If you sold and made a bunch of money before then you want to preserve that money and invest in less risky investments or only allocate a small portion of your portfolio to high risk growth properties.The taxes of 6k wouldn't bother me as much if that was a constant.Meaning 3 years ago they weren't charging 10,000 in taxes before the market took a dip.
4 April 2012 | 5 replies
However, what is the best way to determine what portion of the AB or FMV is depreciable, i.e. non-land.Would it be acceptable to use the "replacement cost" of the dwelling as outlined in my hazard insurance policy, as this value does not include land?
9 April 2012 | 10 replies
Did you want to do another buy and hold, did you want to jv and do a flip to minimize your out of pocket cost, or you can always wrap a note create cash flow and still keep a portion of your cash.
5 April 2012 | 2 replies
It seems I need a company to set these up, and then a lawyer or something to do the checkbook LLC portion?
18 April 2012 | 19 replies
This is a huge portion of the expenses that I would need to be sure about.
29 April 2012 | 11 replies
Does that include a portion of your food expense?
17 April 2012 | 3 replies
While you may think a "high five" for the little guy is in order by them not responding, it will not stop them from filing and proceeding with the foreclosure.The collateral portion of the file which includes the original note, mortgage, title and some other important pieces is typically held with a mortgage bailee in a locked vault and is not held on hand at the mortgage servicer's office or the office of the investor who owns the note and mortgage.
19 April 2012 | 4 replies
and to my brother ( the one mentioned with the title ) and he gave a portion to 2 other brothers - which to me, confirms that the property was not his and divided among the heirs.
16 April 2012 | 21 replies
I wish instead there was a way to just total up the profits for all sold flips at the end of the year, earmark a 40-50% portion as "salary", pay it and the higher PR taxes on it right then, take the rest as distribution, report it on tax forms accordingly, and call it good.
2 May 2012 | 30 replies
Many, nearly all consumers think that materials make up a much larger portion of the price than they do.