Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...
I've won the auction for US Bank's REO. It's my first time buying property in USA. For this case I decided to go through the closing process with my attorney (which was recommended by my friend/real estate agent) and ...
I am interested in opening a SDIRA and am wondering if I could get some recommendations.
Pros and cons will be highly appreciated.
Hi Everyone - Looking to crowdsource some info on what typical costs are for these types of services... some background info: I'm an aspiring investor and have recently moved into a new primary for my wife and I to li...
All:
Can anyone please let me know whether or not I will personally incur capital gain taxes when my tenants in common partner sells his 50% interest of two properties we co-own? I was thinking I should not incur any...
Hi,
I was late on HOA dues for the 2nd time in all the 14 years I have owned the home. I always follow up with a payment with the included late fee the next week; reason for the twice late fees were because I...
I recently purchased a townhome in NW washington DC and i am starting to suspect the addition at the rear of the house has not been permitted. I have checked on SCOUT if there were any permits pulled but there aren't ...
I am doing couple of rehabs and wanted to bounce some ideas on possible ways of savings on taxes (legally). I have never put too much thought on taxes but with sales tax, and income taxes later, it can be substantial....
Hey guys, I'm in the process of signing the contract of a new build in Calgary.This is my first time doing this and I want to make sure I have everything covered.In your experience, what do I need to make sure that ar...
This question isn't actually for me. It's for my parents but if I can manage to help them out than it'll be of great help to me. So recently my parents came into some money. It's nothing crazy or life changing but it ...