I have a question that I cant seem to get answered just right from my broker. A search has turned up nada here too. Lets say I make 50k/year and have an IRA also at 50k just to keep it simple. If I do nothing I pay ta...
I was wondering if anyone could answer a couple questions about 1031 transfers.1. Does the 1031 transfer have to be for the complete sale price of the property, or can you take out your original investment and just tr...
WASHINGTON – Wells Fargo & Co . abruptly reconsidered a pricey Las Vegas casino junket Tuesday after a torrent of criticism that it was misusing $25 billion in taxpayer bailout money.
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was wondering if anyone can give some insight as to which entity is best to form to transfer our properties to. is there any advantage of forming an s corp vs llc for this purpose? thank you for any info
Investment Info:
commercial investment investment.
Purchase price: $190,000
Cash invested: $200,000
Sale price: $470,000
Purchased 4500sf steel frame office building, 1974 build, used by dentist...
Considering that the job market was such a strong factor for such a long time in the value of an area and properties; how does the paradigm of a large percent of the working force (~17.9%) 27.6 million working from ho...
I've currently got a 401k with my full time employer (also part time RE agent). About 2 years ago I decided to change my allocations to Roth 401k. However, 8 years of automatic enrollment had me in the pre-tax plan an...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orange.
Purchase price: $1,500,000
Cash invested: $400,000
44 unit apartment complex built in late 70's and early 80's with...
I was wondering if there are any tax deferments for selling of a 2nd home and using proceeds to lend to someone for an investment property. Do the standard tax deductions apply when selling a 2nd home? Can you roll th...
They have a deal on salt water hot tub.
According to the sales person, I don't need to handle PH level, adding chlorine or even changing water due to sodium level they maintain. (Just need to clean filter every mont...