
30 January 2025 | 2 replies
Some private lenders like the one I work with doesn't require appraisals on fix and flip/new construction loans and also doesn't require tax returns/W2s.

25 January 2025 | 15 replies
., I left Anderson for a small firm that will do the actual taxes and then another company that specializes in tax strategy.

29 January 2025 | 0 replies
Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

27 January 2025 | 5 replies
If 1031 is to be implemented it must be done on the property level.2. 1031 generally does not apply to IRAs since they are tax-exempt. 3.

27 January 2025 | 6 replies
To defer all tax you must purchase in total at least as much as your net sale.

27 January 2025 | 10 replies
I 100% endorse adding in the escrows for taxes and insurance to set the buyer/borrower up for success.

27 January 2025 | 23 replies
(I REALLY can’t stand state income taxes.

3 February 2025 | 15 replies
Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.

4 February 2025 | 11 replies
An ITIN is often required for tax purposes when earning rental income in the US as a non-resident.Please feel free to PM me with any questions.

13 January 2025 | 7 replies
Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.