I found a post on White Coat Investor about using multiple 401(k)s via a SoloK or some combination thereof with an employer 401(k) to allow one to defer more than $132k (I'm married) into retirement vehicles. I'd lin...
I have a lease with three college students on it. Two of the three students paid this month, but the third said she could not since she lost her job due to COVID. My PM talked to her about a rent deferral program and ...
This is an attempt at a non-technical explanation. I intentionally use rounded percentages and simplified formulas, making the numbers incorrect. The purpose is to merely illustrate the idea as simple as possible. Als...
Hi everyone;
I've heard that selling a rehabbed house on a lease option (1 year or more option) allows you to do a 1031 exchange because the intent was to hold onto it more than a year. Is this true?
I have the chance to purchase a six-unit apartment property from the father of a friend of mine. The opportunity is a great one - the building is in good shape with minimal deferred maintenance, solid rental occ. hist...
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
Does having a loan in deferral or forbearance affect loan eligibility when applying for a new owner-occupied residential loan? ie FHA, VA loan
Hi everyone. Just curious if we have similar tax deferral policies as 1031 in the u.s?Thanks
What should I do ?My realtor is a great guy but this is the second deal that he refuses to show me ( he rather give me the number to call ) stating "he is not driving 20 miles for 500$ commission"I saw a condo where t...
If you saw the news this morning JOBs report is not as good as anticipated.I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring15.50 an hour...