Ihe O.
Would you pay more tax to help house the homeless?
Do you believe that we should be willing to pay more tax to help house the homeless?I'm going to ask again in a minute, but first am going to tell you about 2 of my properties.Rental 1.I've owned it for 4 years wit...
David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
Russell Sherman
Cashing out of high gain home
I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
Andrey Y.
Significant Net "Losses" on Taxes despite Positive Cash Flow
I was just doing taxes for 2018 and have noted something peculiar, most of my properties I self-manage. So I do pay monthly PITI and HOA fees. Then there are repairs, occasional utilities, and of course depreciation d...
Dirk Smithson
Michigan properties..500.00 to 3500.00 on ebay
So here's the 500.00 question, Michigan seems to have some serious issues right now. You can buy a 1400 square foot home in the murder capital of the world for right around 1000.00Has anyone done this and made money? ...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
Adam Anderson
Mortgage Bailout Insanity
Seeking to provide more aid to troubled borrowers, House lawmakers on Wednesday advanced legislation that would enable homeowners to shrink their mortgages in bankruptcy court.
http://www.fool.com/news/associated-pre...
Rich Weese
This won't matter to me-but it should matter to you!
I'm too old to see a lot of the socialistic changes and bankrupt cities and states that you will. I just ask one question. How do we sustain the direction headed?
CBO (congressional Budget Office) just listed the...
Ellie Narie
Is it considered mortgage fraud if you manipulate income?
Let's say there's an unmarried couple with kids. Boyfriend has a business and is considered self employed, but he can't get a mortgage because he doesn't have two years of self employment income. So, he "hires" his gi...
Sharon Smith
Or is it an honor to pay the taxes?
Call me a patriotic fool but this is one great country and I often think it's but luck of the draw I was born into it. Happy to pay.
Honor might be pushing it.....
Sharon in Milwaukee