Grace Chee
Appeal property tax increase in FL
27 December 2024 | 7 replies
Make sure you have filed for Homestead exemption at the very least (this can only be done if you the home is your primary residence, not an investment home).
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
Andrew Balint
Cahokia IL Landlords?
31 December 2024 | 22 replies
Supposedly the tenant hasn't paid and she filed for eviction but the judge required the property manager to apply for assistance on behalf of the tenants before proceeding with an eviction.
Scott Johnson
Scammed by "Estate Legal"
20 January 2025 | 13 replies
Complaint Filed with the North Carolina Attorney General today.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
Was this a Reg D filing?
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
But I wouldn't worry as long as your filings said successful.
Wenyu Zhang
How to get around with 75% rental income rule?
22 January 2025 | 12 replies
@Wenyu Zhang get your 2024 1040 filed ASAP, so lender will use properties income/loss there versus the 75% of lease.Lenders add back depreciation (paper loss only), but you may want to be careful how many other expenses you claim.
Marquez Cadet
Repair Costs Using Home Warranties
30 December 2024 | 3 replies
I did file a large claim a few years ago for a broken HVAC.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Since you lived in the home for 2 years and 9 months before renting it during your deployment, you should qualify for the exclusion of up to $250,000 ($500,000 if married filing jointly), provided you meet the other criteria.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
Working with a good loan officer or mortgage broker can help you to get your file set up in a way that presents you in the best light to underwriters.