13 November 2020 | 215 replies
-US Judge Learned Hand Equalizing wealth in the USA by government taxation never used to be a sought after outcome.
22 July 2020 | 5 replies
I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.
25 January 2023 | 8 replies
First, if you, like most investors, do not have a solid understanding of real estate taxation, we will educate you and make sure you're not leaving money on the table by overlooking existing deductions and credits.
19 December 2020 | 6 replies
This is generally seen as good for fighting against gentrification and allowing seniors to age in place, as your property taxes won't jump up dramatically just because the real estate market is appreciating.Many here in WA, myself included, believe that some of our income inequality and gentrification problems could be solved by adopting California's model of property taxation.
4 May 2012 | 28 replies
Thomas Jefferson knew that consumption was the best for of taxation- (see http://duckduckgo.com/?
30 August 2012 | 65 replies
How is a life insurance policy with cash value superior from a taxation standpoint when compared with a solo K?
4 May 2012 | 18 replies
This is done purposefully for taxation reasons and to insulate your portfolio properties from the risk associated with buy/sell projects.
25 July 2012 | 271 replies
Doing otherwise, say only providing for the general well being of the upper class is one of the reasons we broke away from England, the King taking resources from the lower class through taxation and confiscations.
19 September 2012 | 42 replies
., to bring in $1 under the Fair Tax for every $1 in current embedded taxes), the tax would have to be greater than 30% (tax exclusive) on every purchase.Despite the higher income each person would generate, the exorbitant tax on each purchase would likely reduce discretionary spending; on top of that, you'd have double taxation in many circumstances -- for example, when you buy a house, you'd pay a 30% tax and then pay another 30% tax on your mortgage interest payments.Personally, I don't mind the Fair Tax, as it ultimately plays out as a regressive tax.
29 July 2024 | 17 replies
San Diego is expensive to Purchase, maintenance and cap ex is expensive, property tax at purchase is expensive in terms of dollars (average SFH prop tax at purchase is ~$1k/month in San Diego), new retail (MLS) purchases are negative cash flow when allocating properly for expenses, it is tenant friendly in terms of regulations but this is largely due to the big advantages LL have due to crazy low vacancy rates.