Mark Sacandy
Paying Off a Mortgage With An Inheritance
At great personal cost, it appears that my wife and I will be receiving an inheritance sufficient to pay off our house and possibly allow me to retire very soon. What are the tax implication of such a transaction? W...
Angelique F.
Equity Indexed Universal Life Insurance EIUL
Hey Everybody,
I was listening to podcast #17 with Jeff Brown and he talked about how EIUL's are a really great way for young people to invest in their future. In a nut shell, with this policy, part of your premium ...
Molly Jacobsen
Sell primary home to LLC for Bus Econ Purposes + Section 121
Can I legally sell or transfer (which is best?) my primary home to my LLC (that already contains 11 uniits) without losing my Section 121 benefits (capital gains exclusion)? Lived in home 2 of last 5 years. Now conv...
Ryan Duffy
Hello from Atlanta! New member, interested in STRs and starting REI journey
Hi all!Apologies in advance for a very long post. It was more to help me to pull my thoughts together in one place but figured I'd include it to give additional color and information. That said, if it is anything like...
John Myers
Sinlge Family Rental Purchased By a Defined Benefits Plan
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
Cash invested: $225,000
This is a long term buy and hold investment. This is a single family home and is ...
Gabriel Orduna
Possible deal in the works
Hello everyone,
I need some advice. I have a situation that I want to take advantage of but I’m not sure how to go about it. My wife’s family owns a home that they would like to sell for 690,000. I don’t qualify fo...
Katie Bustos
Tax saving strategy for long term
Hi! I just started educating myself on rental properties a few months ago and am trying to determine my strategy. My husband and I both work and have a combined income of $220k but we are paying $60k annually on taxes...
Nick Elg
Another Reason I Want Financial Freedom
I was inspired today about WHY I want financial freedom."Whatever causes us to be dependent on someone else for decisions or resources we could provide for ourselves weakens us spiritually and retards our growth towar...
Mike McCarthy
Is Life Insurance a good idea?
I know this is like asking "are peas good" and will get a lot of "it depends" answers, but here's the basic question:If your death (and subsequent lack of cash flow) will significantly affect your family and loved one...
Shafi Noss
Is the Stock Market a Prisoner's Dilemma?
Overview of Prisoners Dilemma: https://plato.stanford.edu/entries/prisoner-dilemma/
Picture of Prisoners Dilemma: https://www.flickr.com/photos/gforsythe/8245423564
Overview of the Efficient Market Hypothesis: https...