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As property values go down, how great of an impact will the ripple effects be on the Cities, Counties, and Schools what were budgeting based on the property value assessments?
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Hi everyone
Just after a brief explaination on property tax, I'm from Australia and looking to make a purchase and move to CA. I am getting quoted monthly installment for the mortgage and then a figure for property ...
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the poor here don't pay squat & WE are getting robbed to pay for their entitlements. THEY get money back that they never even paid in...Why are those of us who work our rumps off getting punished because THEY do...
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The rate cut was no surprise. However, instead of cutting to a specific rate they have established a range of 0% to 0.25% for the Fed Funds rate. The Fed is running out of ammunition.
http://finance.yahoo.com/news/F...
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Hi everyone,
I'm just getting started on purchasing my first property (see my previous post for more on my situation). I'm looking to invest in long-term rentals in the Metro Detroit area, and I just got in contact w...
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Hey BP! After a bunch of reading here on the forums and blogs and countless books, I've decided that I like the idea of incorporating either with an LLC or S-Corp or perhaps another entity for the added level of pers...
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Hello.I have a property in the Dallas area that's currently cash flowing about $550/month (prior to reserves). It's a large house--about 2,500 sf that was built in the early 70s. The property is in pretty good condi...
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Hello! We are looking to start AirBnb'ing a property and wanted to know about taxes. I assume all income made off the property is taxable income so what's the best strategy here? I was looking to take out 20% of in...
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Hi all,I'm looking into the tax implication of selling my current primary residence, which I used as a rental during a 4 year stint my employer sent me abroad. I'm interested to learn if there is any exceptions to th...
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Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...