Nevin Rasor
How can rent payments be tax free when paying down a mortgage?
Hi, I have listened to the podcast and have heard Brandon and David talk about good debt. I am stuck on how rent from tenants could not be taxed when paying down a mortgage. I can understand how the IRS could see rent...
Nancy Lamar
Who am I paying when I buy a house that owes taxes?
If a homeowner offers me to buy his house before he gets a tax lien or before it gets auctioned due to back taxes owed on the property, who would I be paying? I figure I shouldn't give the money to the homeowner si...
John H.
live in a house for 2 years, and pay no tax question
In MA, if I live in a house 2 of the past 5 years, I can sell it tax free.
I owned a house for 2 years 1 month.
Does the IRS check up on where you lived for that 2 years?
I actually lived there 2 years, but thr...
Manuel Lam
Investing business income
Hi, many folks reinvest back into their business to leverage their money or other people's time. Can I invest money into a fund that returns dividends with business income... like in a fund that returns a dividend/in...
Dillon Baer
Using 401k for Down Payment
Is it possible to roll my 401k from my current employer so I can use it as a down payment for a property? If possible, how would I go about doing such?
Gregory Craig
Want to Leave NY, but don't know what to do
I want to leave NY, and I am not sure what to do. On the thanksgiving vacation, I'm going to drive down to Florida, and look for a properties that I can live on one side and rent out the other. Hopefully is near the...
Louie Joles
How do I get financed
I’m wondering the best way to get financed on a rental property I am lookin to buy it’s 65k I have capital to buy the property but I’d rather get a loan My issue is I have very good credit but I’m self employed in mul...
Matthew Chalfant
Taxes on Duplex in Bell County
When paying taxes on SMF in Texas is there anything special you need to know or do? I own a duplex in Killeen and have a VA loan on it with the escrow in good shape. Is there anything else beyond this to be concerned ...
Mike Hanneman
Taxed as a Sole Prop.
I have a Sole Prop. set up with an EIN number. I have a duplex under my name only, does it matter to file taxes under the sole prop. or just a schedule E on my personal return?
Kyle Gendron
Trustco Mortgage
Hello everyone, We have applied for a conventional mortgage through TrustCo bank Terms are 3.75 interest, 3.787 [email protected] down , no PMI , no escrow required , and they are waiving appraisal fee and app fee ,800 off cl...