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All Forum Posts by: Massimo Salerno

Massimo Salerno has started 25 posts and replied 32 times.

Post: Tax laws on Rehab Property

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Basit Siddiqi, like interest on loans and legal fees? .thanks !

Post: Tax laws on Rehab Property

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Hi all! During 2020 I was rehabbing a property. Had many challenges with delays, covid etc.. expenses really high and property is only ready for sale this week. My question is, am I allowed to claim the expenses ( the rehab) on income taxes.. not sure how it works since it is not a revenue property. Any insight will do.. thanks! Property is in Missouri. 

Post: Tips on saving for income taxes

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Hi all! Looking for tax tips.. I have a registered company in Missouri ( Mostly do Flips and have 1 rental), up to now we have only done 1 flip per year and about 9000 a yr on rental income.  I think we pay too much i tax ( less last year because of the changes), however we are Canadian, and we have to declare what we make in The usa as well and of course have to pay taxes here as well. Wondering if anyone has any tips to save on paying so much tax...

Thanks!

Post: Us Notary in Montreal, Quebec

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

We are Canadians from Montreal Canada working on a flip in Kansas city. We got a fix and flip loan from Lima One, we dealt with them in for 3 deals. When it came to the signing we were able to have the documents signed by a Commissioner of oaths and they accepted it. this time around they are demanding to have it signed by a US notary. Little difficult to find here.. except at the consulate but their availability is very scarce. We need the paper work notarized asap.. can anyone help.. Please!

Post: Land surveyors needed

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Looking for a land surveyor in Kansas city Missouri. Reliable a d not too expensive. Any help will be greatly appreciated!

Post: Grants in Kansas city Missouri available ?

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Any grants available in Kansas city Missouri available for investors who rehab distressed homes?

Post: Grants in Kansas city Missouri available ?

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Any grants available in Kansas city Missouri for investors rehabbing distressed homes?

Post: Rehabbing distressed homes in Kansas city missouri

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Hi Jeremy. Thanks for your response. Looking for more ways to save and always looking for funding!

Post: Rehabbing distressed homes in Kansas city missouri

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Hi all. I am an investor that rehabs distressed homes in Kansas city Missouri . Does anyone know if the city or state offers help for this type of investor? Grants or any kind of financial help.

Post: wood deck in northeast KANSAS CITY

Massimo SalernoPosted
  • Investor
  • Montréal, Québec
  • Posts 33
  • Votes 6

Good day all,

Looking for a reliable and reasonably priced team to build a deck in north east kansas city. can anyone help me? Thanks!