Jeff Sims
What kind of car do you drive?
22 July 2021 | 499 replies
A lot of the people pitching how great it is to drive a 25 year old POS with 300k miles on it probably don't have small children that they put in it.
Rich Weese
Sterilization should be required!!!!!
5 June 2012 | 18 replies
Not the perfect solution, but the lesser of multiple evils solution.The second part of your solution, giving the children to homes that want them, is another issue.
Brianna Babienco
Tax advantage for property purchase
3 November 2017 | 4 replies
High earner should generally invest 85% in the safe market and 15% of the aggressive market ( start-ups). 3) If you have rentals and are such a high earner, you can hire your children so that they don't have to pay taxes on some of your income ( limited to standard deduction) or pay them more than the standard deduction and they still pay fewer taxes. 4) You can time the disposition of the rental property right so that when you have very high income in a year, you can dispose the rental property and use all the suspended passive loss that you were not allowed to take because of your high earnings in the prior year ( this loss can be substantial) 5) if you plan it right, you can convert some of the personal purchases to rental expenses ( lawn mowers, Ipads, laptops you get it)6) some of the vacation travel might be planned right to make it a business trip and get tax deductions.There are much more.. so get started :)
Joshua Dorkin
Olympics Anyone?
15 August 2008 | 10 replies
However I do enjoy watching, imo I just think a significant portion could have been allocated towards some of the starving children in China.
Johann Jells
Is late night emailing now rude due to nightstand smartphones bleating?
16 July 2014 | 47 replies
I don't know about where you are, but in my world there are A LOT of Boomers sleeping with the phone on near the bed in case their teenage/young adult children have a need.
BJ Henderson
How to Structure This Deal Creatively...
14 April 2017 | 6 replies
(d) A lender may not exercise its option pursuant to a due-on-sale clause upon--, (1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.
Shobha Joshi
Buying investment property
29 June 2023 | 28 replies
This is largely due to the substantial investments made by major corporations like Intel, Honda, Nationwide Children's Hospital, and Wexner Medical Center in the area, generating a wealth of employment opportunities.
James Spence
Has anyone bought rental property in South Carolina?
2 December 2018 | 15 replies
I'm 35 with a wife and 2 children.
Bryce Efaw
Full time student, full time job, and investing in real estate?
18 January 2021 | 6 replies
It always boils down to the same thing -- the guy resents his wife and children, and feels cheated by his wife's life choices out of a lot of things that he has tried to lie to himself for years, sometimes decades, about wanting.