Colby Easterling
I love Navy federal, but they've kinda bummed me out...
Going through the process of buying my first home. Plan to live there for 6 months or so, then move and rent the residence out. I am doing a Va loan through Navy Federal Credit Union. Let me start with this, I absolut...
Brian Welch
Do I really need a federal tax ID and LLC?
We are just starting out and hope to get our first flip property in a month or so. We established an LLC in our state but do I need a federal tax ID if I want to set up a bank account just for the LLC?Thanks for any ...
Jerome Ramirez Guerrero
Is your monthly rent income tax at the federal level ?
Hello everyone,
For those of you already in the game and receiving monthly Payment(s) from your property(ies) What is the tax percentage on that cash flow?
Thank you!
Tom O.
Be Very Careful of King Trump's Federal Eviction Moratorium Order
FYI everyone: King Trump's "moratorium on evictions" doesn't just stop evictions, it creates a federal crime punishable with up to one year in Club Fed for landlords who violate it. Be verry careful folks. Read more h...
Alex Lee
Real estate professional status to offset federal and state taxes
Hello,First post in this forum. I am looking into becoming a real estate professional to grow my portfolio long-term and to reduce my earned income tax %. Would becoming a REP and materially participating in rentals r...
John Smith
IRS Foreclosure Redemption Likelihood? ~$1.3M Equity, ~$2M+ Federal Tax Liens
Hello Bigger Pockets Forum,
Looking for thoughts and feedback on the probability of the IRS exercising their redemption rights (during the 120-day period) to redeem a foreclosing property which has ~$1-1.3M of equity...
AJ Satcher
Understanding How Mortgage Rates Are Affected by the Federal Reserve
Hello,I'm doing research into how the federal funds rate affects mortgage rates. I've seen that typically, 30 year fixed mortgages rates will be roughly the federal funds rate +2% (give or take factoring in other econ...
N/A N/A
Low-Cost Options for Federal Tax Savings on Small Properties
Hello,
I received a mail (spam?) from [company name] titled, "New Low-Cost Options for Federal Tax Savings on Small Properties."
"Real estate investors who own property with an improvement basis as low as $500,000 c...
Chris C.
Time to Face Federal Compliance Issues of Mobile Home Lending
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
Timothy W.
Federal Judge rules Insurance companies not responsible for Chinese drywall.
http://www.businessinsurance.com/apps/pbcs.dll/article?AID=/20101220/NEWS/101229993
I suspected this one was coming.
Now all they have to do is sue China. :roll: