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  1. Real Estate - Flip vs Renting

    If you do section 8, charge a few hundred more than section 8 pays, otherwise the hoodrats will destroy your property. Weird how when they pay nothing that everything gets torn up, no skin in the game. Soon as they pay some out of pocket, stuff gets taken care of.
  2. Bitcoin up 7k this week..almost 3k today😳

    Dated a chick after my divorce that had bought 1k of bitcoin in 2014 on the advice of her college aged son. He lost the thumb drive with the hash keys on it…. When he flunked out in 17 she went down to move him back home and found the thumb drive. Sold 500 shares when it hit $20k in 17(. Bought...
  3. Capital Gains/Inheritance Tax?

    This is not applicable or correct. The "Step up basis" means the property is worth what you sell it for, so no "profit/income is realized, therefore no tax due.
  4. Capital Gains/Inheritance Tax?

    Currently inheritance/death tax is over 11 million in assets before you are taxed. Double for married folk. Several states have a death/inheritance tax, but GA does not.
  5. Capital Gains/Inheritance Tax?

    Best to sell right away. IRS allows value at current market value when a person dies. Relative is only responsible for taxes on any elevated sales price. At death, house and property are immediately worth current market value, rather than what was paid back when...
  6. If you had $50000 to invest for the future, where would you put it to make the most money?

    Well, I bonds are paying 9.62% interest right now, but capped at $10k. You can get thwm in wife and kids names as well to get the full $50k.
  7. Financial Software Recommendations

    QuickBooks, hands down the best. Has a 62% market share....
  8. 2nd mortgage

    Based on what the industry says, close to 70% of the real estate deals are cash sales, not mortgage based. So, property values are not going to drop like they did in 08-09.
  9. Business Mileage Tracker. "Mile IQ"

    I used the calendar function in Outlook to log my mileage everyday.
  10. Crypto.Com coin CRO

    Thanks for the info. Waiting from yesterday to buy cost me 12 cents a share.
  11. Crypto.Com coin CRO

    Who did you buy from?
  12. 2nd mortgage

    With Synovus, only closing costs are intangibles tax paid to the state. Roughly $3 per thousand borrowed/allocated. So, $300 for a $100k program.
  13. Just realized what my biggest depreciating asset is....

    Hawaii and a few other places making it a few square inches at a time..... but it is in the flood plain!
  14. Doge coin crypto

    My son bought 100 at 2 cents, makes me talk about it every week.......
  15. 2nd mortgage

    Synovus has a HELOC for good credit folks, 700 + score, that has about $50 in closing costs. I did one a year or so ago. You have a $500 penalty if you close it in less than 2 years.
  16. Going from W2 to 1099

    Also check into making quarterly payments to your masters. IRS is fond of Penalties if you owe too much at the end of the year.....
  17. TD Ameritrade vs Fidelity vs Ally, etc.?

    I just moved over to Charles Schwab, fees are now under .05% on about 90% of my portfolio.
  18. Missed Game Stop? SLV and AG just starting

    You got Ken coming over? :cool:
  19. Missed Game Stop? SLV and AG just starting

    Nice Doll house!
  20. Missed Game Stop? SLV and AG just starting

    I bought both AG and SLV on Thursday, both down 25 cents a share so far.......
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