"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...
Please contact a real estate attorney before purchasing a zombie foreclosure. This is a complex strategy that requires the right expertise.What is a zombie foreclosure?I would define it as a property that has been ab...
So recently I have taken interest in expanding OOS. I live in Loudoun County, VA and OOS deals, if done properly can provide lucrative returns. Also TK model allows me to invest even by keeping my full time employment...
Hello,
I Just wanted to give everyone a quick update on the RAD Diversified scandal that is currently unfolding. As of April 1, 2024, RAD Diversified (a REIT), has officially put a freeze on withdrawing any and all ...
Mates,Curious what the collective thoughts are on this recent legislation and how it can impact us as investors in the multi-family space in that state? I understand there are limited exceptions to implementation as ...
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
I am sure the answer is no but I have to ask. I am looking to purchase a triplex with a large commercial space, it has an overhead door and concrete floors. Great for a plumber, electrician, etc to have a shop. Anyway...
I was listening to talk radio today and they discussed corporate tax rates. I was surprised to learn that our country pays some of the highest in Corporate taxes in the World. Of course they were talking about how e...
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
Hello BP,I need some help regarding how to proceed on determining a SDIRA vs. Solo 401K. I've got about $100K in a 403B plan (equivalent of 401K for non-profit organizations) from a former employer. I am currently an ...