"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...
I need honest feedback, I'm giving factual information with this post. So I've been strategizing how to start my RE profile in the next year or so, but the biggest things is saving to get that 10-20% down.. I'm lookin...
Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?
Economic Update
(Monday, March 22, 2012)
The TV commercial used to say “When E.F. Hutton speaks everyone listens.” Well, E.F. Hutton is no more. Now we have the Federal Reserve. And when the Fed speaks, truly EVE...
We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first lon...
My wife and i are young dentists. In general we are very conservative. We make a nice combined income and after paying off our school loans and saving for retirement we have amassed a little over 100k in savings. ...
Hello wise investors.Hoping to get your opinions.I may have an opportunity to invest a very sizeable amount of money from the sale of a business and want your thoughts on how I should invest it. I will still continue ...
Hello everyone. We have tenants who moved from another part of the country to live in our 3 family building. They mentioned having a daughter that was moving up here too, and would be staying for a few weeks when sh...
New investor here from Jacksonville, FL. In early 2018 I got the real estate bug and spent most of the year reading and listening to podcasts. My wife and I decided that long term buy and hold investments were right f...
I just got through creating a wealth building strategy for myself and now want to see if there are any problems with it.1. Save $1,000 as an emergency fund in a money market account.2. Pay off all my debts excluding m...