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Currently, Obama's financial advisors have stated that the high end tax bracket will go up to 39+%. Does anyone think this high end tax bracket might go up to 50%+ or more?
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We have all talked about it on here since last year. I know many of us expect it with our countries balance sheet so out of wack, the fed would rather see a massive inflationary period because they can deal with it be...
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http://www.nytimes.com/2010/10/01/business/01mortgage.html?hp
I don't know if they're really slowing, or if the media is trying blow this up into something bigger than it is.
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I'm looking into purchasing my first multifamily property with my real estate investing mentor (50:50 split ownership). It's a 12 unit building that will require a down payment of ~$90,000. My mentor (potential partne...
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I'm planning to partner with a local REI on a home flip. As we've worked it out so far, here's how it stands t play out:
1. She found the house, presented the comps, and proposed the repairs which I've agreed to.
2....
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Hi BP! I am taking my New Jersey State exam next week and am looking for advice as I begin to interview brokers. What are the right questions to ask? What are the important things to look for? I have been told men...
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New Bill past 10/1 states no evictions or foreclosures for 1 year for non payment as of date of bill.Thoughts?https://www.bloomberg.com/news/articles/2020-10-03/house-coronavirus-relief-bill-would-ban-evictions
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I keep reading advice to talk to a lawyer or have a lawyer do certain things for you to make sure everything is good (ie for forming your LLC, and other real estate transactions).However, I have this notion that lawye...
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Hello BP community! I have been lurking for a while on the site and finally wanted to make a post introducing myself. I know it's hard to network these days, mostly because of busy schedules and covid, but I have been...
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I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...