Forum Replies Created
-
AuthorPosts
-
(former)FormerSanDiegan
ParticipantI have no experience with out-of-town rentals.
We started by moving to a new (well, new to us) house and renting out our primary residence. In that case we had lived in the nighborhood for 4 years, knew the property condition inside and out and knew the rental market. We sold after a couple years to retain the tax-free capital gains (at that time it was not pro-rated as it is now) and invested the proceeds in another rental property.
By the time we pruchased the second rental property we were familiar with the tax consequenses and other factors in dealing with rental property. This takes some time to implement, but I think it is the best way to start out.
ParticipantWhy stop at 90% ? After a 40% decline in many markets that’s just not shocking enough for the blogosphere. We need a bold blogger to step up and make an even bolder prediction, like say a 150% decline. Now that would get my attention.
90% ? … meh.
ParticipantWhy stop at 90% ? After a 40% decline in many markets that’s just not shocking enough for the blogosphere. We need a bold blogger to step up and make an even bolder prediction, like say a 150% decline. Now that would get my attention.
90% ? … meh.
ParticipantWhy stop at 90% ? After a 40% decline in many markets that’s just not shocking enough for the blogosphere. We need a bold blogger to step up and make an even bolder prediction, like say a 150% decline. Now that would get my attention.
90% ? … meh.
ParticipantWhy stop at 90% ? After a 40% decline in many markets that’s just not shocking enough for the blogosphere. We need a bold blogger to step up and make an even bolder prediction, like say a 150% decline. Now that would get my attention.
90% ? … meh.
ParticipantWhy stop at 90% ? After a 40% decline in many markets that’s just not shocking enough for the blogosphere. We need a bold blogger to step up and make an even bolder prediction, like say a 150% decline. Now that would get my attention.
90% ? … meh.
Participant[quote=XBoxBoy]Wonder if Piggys have higher math illiteracy than the average person.
[/quote]I doubt it.
I would expect that people drawn to the quantitative nature of this site would have lower math illiteracy than average.
Interesting article. Maybe we should pst a poll with the question What is 300 divided by two?
Participant[quote=XBoxBoy]Wonder if Piggys have higher math illiteracy than the average person.
[/quote]I doubt it.
I would expect that people drawn to the quantitative nature of this site would have lower math illiteracy than average.
Interesting article. Maybe we should pst a poll with the question What is 300 divided by two?
Participant[quote=XBoxBoy]Wonder if Piggys have higher math illiteracy than the average person.
[/quote]I doubt it.
I would expect that people drawn to the quantitative nature of this site would have lower math illiteracy than average.
Interesting article. Maybe we should pst a poll with the question What is 300 divided by two?
Participant[quote=XBoxBoy]Wonder if Piggys have higher math illiteracy than the average person.
[/quote]I doubt it.
I would expect that people drawn to the quantitative nature of this site would have lower math illiteracy than average.
Interesting article. Maybe we should pst a poll with the question What is 300 divided by two?
Participant[quote=XBoxBoy]Wonder if Piggys have higher math illiteracy than the average person.
[/quote]I doubt it.
I would expect that people drawn to the quantitative nature of this site would have lower math illiteracy than average.
Interesting article. Maybe we should pst a poll with the question What is 300 divided by two?
Participant[quote=MadeInTaiwan]
As a side note while I benefit from the mortage interest deduction, I still feel that it is one of the worst regressive taxes. Mortgage interest deduction should be capped based on an area’s (state/city) medium household income.[/quote]Currently the cap is interest on debt up to $1 Million. Perhaps capping it at local confoming or FHA limits makes sense.
Or (more likely) they can leave the cap at $1 Million and much like the AMT, let inflation handle the problem.
Participant[quote=MadeInTaiwan]
As a side note while I benefit from the mortage interest deduction, I still feel that it is one of the worst regressive taxes. Mortgage interest deduction should be capped based on an area’s (state/city) medium household income.[/quote]Currently the cap is interest on debt up to $1 Million. Perhaps capping it at local confoming or FHA limits makes sense.
Or (more likely) they can leave the cap at $1 Million and much like the AMT, let inflation handle the problem.
Participant[quote=MadeInTaiwan]
As a side note while I benefit from the mortage interest deduction, I still feel that it is one of the worst regressive taxes. Mortgage interest deduction should be capped based on an area’s (state/city) medium household income.[/quote]Currently the cap is interest on debt up to $1 Million. Perhaps capping it at local confoming or FHA limits makes sense.
Or (more likely) they can leave the cap at $1 Million and much like the AMT, let inflation handle the problem.
-
AuthorPosts
