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6 April 2024 | 2 replies
I was looking a lot in GA last summer and couldn't get myself to pull the trigger on something so far.
6 April 2024 | 12 replies
I suggest updating your time log accurately and ensuring compliance as best as possible!
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5 April 2024 | 43 replies
The Owner alsoagrees to pay reasonable expenses (or an apportioned amount of such expenses where other employers of Agent also benefit)incurred by the Agent in obtaining legal advice regarding compliance with any law affecting the Premises or activities relatedthereto.
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6 April 2024 | 5 replies
However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test.
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5 April 2024 | 5 replies
However, it's essential to confirm this with a tax advisor to ensure compliance with IRS rules and regulations.As for using the proceeds personally: Roth IRA contributions can be withdrawn at any time without taxes or penalties since these contributions are made with after-tax dollars.
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5 April 2024 | 11 replies
What kinds of code updates should we expect this to trigger?
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5 April 2024 | 6 replies
Through a 1031 Exchange, investors can roll over proceeds from the sale of a property into a DST without triggering immediate capital gains taxes.
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5 April 2024 | 13 replies
You have to have the personal protection either way, at which point the LLC is less important.An accountant once warned me to be careful about using the LLC to manage the properties if they are not owned by the LLC because it could potentially trigger taxable events.
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1 April 2024 | 3 replies
Does anybody have a recommendation for a Solo 401k compliance company?
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4 April 2024 | 5 replies
You will get a lot of opinions on whether to own in your personal name vs. the LLC - be aware though that if you transfer them to your LLC now, you will trigger transfer tax which can be quite substantial.Going forward it would certainly recommend setting up LLCs to purchase your properties.