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How can a new real estate company having expenses but no income, raise funds of revenue nature to meet its exp |
How can a new real estate company having expenses but no income, raise funds of revenue nature to meet its exp investors.. They should try to build and / or increase their rental portfolio - monthly income guaranteed while they wait for the commissions to roll in from properties they have sold The first answer is what I'd suggest! Managing rentals is an old fall back when the real estate sales market get's sluggish. Vacant properties become more prevalent amidst properties that are difficult to sell. Look for properties that have been owned for a while and the mortgage payments comparatively low when the owners are primarily concerned that the rental income less management costs will be enough to continue to make mortgage payments and wait out the period til the market improves and allows them to sell at a more reasonable price. YOu are the development compnay that posted aren't you? sell sell sell. |
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The profit is taxed, not the gross proceeds. The problem is that, if you don't report the sale, the IRS assumes the cost was $0.00. I assume that you just received a letter from the IRS. ... Only 2 choices? Which index fund? Which equity income funds? It makes a big difference which you might select rather than the category. Let me give you a couple of examples of what I mean. ... its not compulsory ...The status of those funds is that you can only put your income in them and they are liable for income tax if not a separate irrevocable legal entity. ...No you are not wasting your time because you can deduct the cost basis of your mutual fund investment for tax basis. you will be taxed on the amount above your cost basis. ...Depending on the state you live in there are probably whistleblower statutes on the books. There are also federal whistleblower statutes. Best to consult a local lawyer. ...Contact a local bank and ask them about the SBA 504 Program. You will need at least a 10% equity injection (down payment) If you have equity in your personal residence or in the property in Kentuck... The answer is both. Capital gains is only beneficial to you at a lower tax rate (15%) when it is a LONG term investment (held more than 1 year) Some things in your M Fund will be long term. If ... |
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