WHERE ARE YOUR TAX DOLLARS GOING?
By Anita Clinton
In the United States, we pay a variety of different types of taxes: sales taxes, real estate taxes, federal and state income taxes, capital gains tax, medicare tax, excise tax, social security tax, estate tax, etc. Most of us pay them, whether we agree with the system or not. While others attempt to [...]
Fannie Mae Increases Number of Mortgages: Real Estate Investors are Back in the Game
By Marla Barch, CMPS, America’s Mortgage Choice 773.617.2424
Chicago, IL – Fannie Mae, the mortgage giant currently under government control, has made a major change to their qualification guidelines, allowing real estate investors to get back into the game. A residential real estate purchaser can now qualify for up to ten (10) residential mortgages [...]
Share on Facebook Read more →THE FEDERAL TAX SYSTEM: LEGAL OR NOT
By Cheron Williams
In the break of a failing economy, people are finding it more difficult to comfortably financially support their families. Most people work hard day in and day out, but many times their take home pay does not reflect their efforts due in part to income tax deductions. Therefore, “income tax” is a [...]
HOW HIRING YOUR CHILDREN CAN REDUCE YOUR TAXES
By Jim Cunningham
As the owner of a business, you should be aware that you can save family income and payroll taxes by putting junior family members on the payroll. You may be able to turn high-taxed income into tax-free or low-taxed income, achieve social security tax savings (depending on how your business is organized) and [...]
TEN TAX TIPS FOR REAL ESTATE INVESTORS
TEN TAX TIPS FOR REAL ESTATE INVESTORS
By Kellye Fox
Tax season is here! For those who base their financial income in real estate investments, this is the time of year when Uncle Sam wants to share in your profits. While every real estate investor is different, some of the tips should apply to you. Please [...]
Retirement 101 for Realty Professionals and Investors
by Richard Hammarstrom, Waterford Financial Group
The IRA vs. the Personal 401(k)
Surprisingly, the 401(k) is not limited only to large corporations. Since 2001, a personal 401(k) has been available to individuals (sole proprietors, LLCs, small corporations) where there are no employees other than a spouse. In almost all categories, the features of the 401(k) top that [...]
Jim Rogers – No Bailout Plan – Treasury Secretary
On February 11th, 2009, Jim Rogers let the bailout plan and economic stimulus plan have it. Jim Rogers, CEO of Rogers Holdings, took it upon himself to do a media blitz this past week to let the American people and the world know his position on the trillions of dollars that is being spent on [...]
Share on Facebook Read more →Real Estate Comps: 3 Valuation Concepts
By Freddie Taylor
The longer you are in the real estate industry, the more you realize the importance of property valuation and real estate comps. As many real estate agents, loan officers, buyers, and sellers can attest, a closing can fall apart if the value isn’t there.
Everyone has a story about a deal dying on the [...]
Foreclosures Las Vegas
Over the past 24 months, foreclosures in Las Vegas has risen tremendously. Does this mean that the opportunities are dead in the water in Las Vegas? I wouldn’t bet on it.
Foreclosures Las Vegas & Tough Times
Throughout it’s rich history, Las Vegas has been through some turbulent times. Admittedly, anyone from the old days of Las [...]
Seller Financing Notes 102
By Joe Mueller (Be sure to read part one by Joe entitled “Seller Financing 101“)
I remember reading several books a few years ago that referred to seller financing as being a primary method to purchase real estate. I had also seen ads in the paper referring to owners carrying a second mortgage and even [...]
