When you invest inprivate real estate funds, you still pay ongoing property taxes. However, the costs are just a number embedded in a spreadsheet dealt with by other people. Therefore, there is no property tax or maintenance stress. All you care about are the net returns as you sit back ...
Thanks for your reply. When you work for somebody, taxes are withheld as you get paid. But when you are retired, you need to pay more taxes in earlier months though most of your income is in 3 rd. and 4 th quarter. This is like giving interest free loan to IRS. So to follow wha...
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A major online game company’s subsidiary was ordered to pay back taxes and penalties totaling about 3.5 billion yen ($23 million) for failing to pay consumption taxes over three years. The unpaid consumption taxes relate to items that users purchased to play Fortnite, an online shooting game....
WHEN I RETIRED 10 years ago, I need to replace my biweekly paycheck. Because I was retiring early, and there would be no pension or Social Security for many years, my goal was to use savings to create a synthetic paycheck. During my final few years of work, I prepared by channeling ...
Strange – in Germany we have exactly the same law, now. It got passed last year – not supposed to catch The Terrorists but to find rather “normal” citizens, who not paying their taxes or are trying to hide their savings from the social insurance authorities. ...
You'd think paying all cash for a home would give you tremendous peace of mind. After all, with no mortgage, there is no bank out there than can take your home away from you. Even the government will have a tough time kicking you out if you don't pay your property taxes. Meanwhile...
nothing or in a city filled with people. The difference between the island and the city is you can enslave the population into maintaining your survival for a long time but the day will come when they figure it out and on that day as the slave master, you better have ...
If you’re retired and already receiving Social Security, be aware thatgetting married can have additional tax implications. For single filers, if the total of your adjusted gross income, nontaxable interest and half of your Social Security benefits is under $25,000, you won’t owe taxes on...
Living off dividends – How I’m receiving $360k dividends a year and paying almost no taxes Q1: First of all, B, thank you for participating. It’s wonderful to learn that you and your wife have been retired since 2004 and have been dividend investors for over 36 years. A: Thank yo...