Christian Thompson
Pay cash for first rental property or finance?
Hello all, I've recently began listening to BiggerPockets podcast and reading forum posts. I currently have a large portion of my portfolio in Bitcoin and with the recent rises in price and I wanted to transfer some o...
Jeff Sitti
Newbie question....
So I was checking out Rosie's investment club site, as I was browsing there was the following statement made, and I was wondering if someone could dummy it up for me and explain the terms:
We are paying 10-12% TD pos...
Nathan Gross
Vacation Rental Tax Help Needed!
My wife and I and my parents set up an LLC for a house we purchased and rent out at the beach. We messed up and used it for more personal days than we should have this past year (won't make that mistake in 2011) so w...
Philip Bourdon
IRA Distribution - Taxes
This is a question for you Tax-Savvy Folk out there. I'll soon be 59 1/2 and am planning take a distribution on a 403b (non-profit organizations) that I have with the intention of using it in a SD IRA (most likely wit...
Klyde Waggsdale
Depreciation methond
What would be the best depreciation method when I am only planning on holding a rental property for 5 years?
Thanks
Jason Port
Newbie from St. Louis, MO
Hello all, Jason here from St. Louis. I want to say hello to all of the seasoned vets out there. I also want to say hello to all the new guys...I feel your pain. I am looking forward to learning from every one of y...
Rich Weese
Why did I move to Texas and then Florida??
http://articles.moneycentral.msn.com/RetirementandWills/RetireInStyle/where-americas-rich-are-moving.aspx
This article is pretty interesting, although they haven't calculated 2009 yet.
FOLLOW THE MONEY!!...
Justin H.
What strategy does this investor use?
Mods, feel free to edit if I can't post links.
I got a voicemail today from www.walkawaytoday.org. Figured it couldn't hurt to check out their website.
http://walkawaytoday.org/faq.php
They say:
Q: Is your company...
Account Closed
Do you have employees or contractors???
I have seen a dramatic increase in the number of audits of both state and federal agencies around the use of contractors. Be aware that it is not uncommon for the IRS to pick returns that are three years old to audit...
Daniel Leake
FHA Changes Mind on Mortgage
I was about to purchase a house in southern Virginia. The house is older (1907). The previous owner has done some repairs--kitchen and bath rebuilt, and most walls replaced.
It's still in pretty bad shape--thus the...