Hi, is there any way to liquidate all or 90% of my 401K in my 40's (don't mind paying penalty), without leaving my current employer, I am already aware of loan, withdraw, transfer to IRA and hardship which have certai...
First, appreciate all the replies to this topic. The reason I post this here is because I got totally different answers from two CPAs
Here is the story:
I bought the house as investment property and run it as STR fo...
What is the minimum monthly profit you look for in a rental property?
I am looking for $400 a month on a duplex, is that reasonable?
What other ways can you benifit from a rental property?
How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
Improving energy efficiency not only helps the environment but also puts money back in your pocket. Let's explore budget-friendly tips to make your rental more energy-efficient and sustainable for the long run.
1. Se...
Can depreciation taxes be avoided by performing a 1031 exchange?
Thank you,
I took part in a deal in South Florida where the seller financed his home at a steep discount to the appraisal value, in exchange for the right to live there for a few more years. The purchase price will be paid in an...
I have several Rental Properties owned by my wife and I, we manage by ourselves, so we have positive Rental Income on Schedule E. but negative Income on Schedule C, can I put $3000 Property Management Fees as expense ...
does anybody apply cost segregation depreciation in their financial model? Is there any way to do it without having an actual cost seg study done first or could I use a general assumption?
I have a fourplex that was damaged by fire, thankfully no one was hurt.
For ease of the example, let's assume the following numbers:
Property was purchased for $150k. Insurance check I will get is $80k.
...