Hello,First off, brand new to the forums. I have poked around here some, and it seems like a great community. So to get to it, my wife and I have started looking into buying rental property. We've some research but ha...
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With the stimulus and tax money running out... It seems to me that tenants are no longer able to afford the high level of rents they used to pay. Or at least they are choosing not to pay. I think they got used to spen...
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Is a W2 job really that bad? I laugh when I read all the posts and articles talking about how horrible w2 income is, blog. And then people talk about sheltering via s corps with low salary and distributions to avoid...
I have a question on the tax issues when it comes to flipping. If one buys and sells homes using their personal names, and say there is a profit of $50K on house 1, and a loss of $20K on house 2, can we offset them an...
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I received this article among my daily news emails and thought I would pass along. There is some good information that might be appealing to those investing in affordable housing.Enjoy and have a Happy 4th of July!-Pe...
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My in-laws inherited a property in West Virginia. In a soft market they decided to rent it instead of selling. When the taxman found out that it was a rental the property taxes almost doubled.What is the political c...
I'm in the process of remodeling my home. I've been giving thought to what type of heating to use. I will be doing some extensive work and not much of the old will remain.
I have several alternatives that I'm looki...
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I live in TN and have several rental houses in TN. I have stayed out of Georgia, but we live right on the TN/GA line. We have found what we think is a great deal just over the border. I'm trying to research the p...
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Let me preface this questions with this fact: I am in no way trying to do something illegal or scam anything, just trying to see if we are able to take advantage of the new 8000 credit.
Ok, so I purchased a home in J...
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Today is June 30th, officially the midway point for 2010. I know most of us set goals at the beginning of the year, where are you today? Are you where you thought you would be 6 months ago? what are your plans/goal...