Jacob Chapman
Getting a Rehab Estimate: use a contractor?
29 September 2018 | 6 replies
Exclude the evasive, shady and the hard to contact.4.
Ryan Conklin
Earnest Money when buying from US Marshalls
14 November 2020 | 2 replies
Hey,I am in negotiations with the US Marshall’s on a property that was seized in a tax evasion case.
Chase Cline
Rentals Taxed on Net Income Which Doesn't Include Mortgage?
28 March 2019 | 87 replies
And banks don't keep track of checks.People sometimes go to prison for tax evasion.
George Gao
38-unit Storage Facility
29 January 2019 | 10 replies
That's not to be evasive, but as @George Fitz said above, Self Storage runs the gamut of options with the common denominator being you (the owner) rented space for people to store their treasures (and even this can be household items, boats, RV's, commercial, etc.)The three questions that we typically ask others (and ourselves to) when they're contemplating buying a Facility is the following:1) Why are you excited about this deal?
Brian Bradley
Separate Your Children Or Assume All Risk
11 December 2018 | 85 replies
And as has been posted before, the full structuring of your client's corporate liability evasion wil be on full display at closing argument the instant you say that your client really and deeply cared for the welfare of his tenants and no. your client had no incentive to cut corners.Yes, "boy" is an insult.
Patrick Reisinger
Forming an LLC for my business
20 August 2019 | 8 replies
The IRS can get you for tax-evasion if what you’re paying yourself in salary is unreasonably low for your city and profession.
Greg B.
Dowsides to this lease option strategy
18 February 2019 | 2 replies
The big one: would the IRS consider this tax evasion?
Scott Nguyen
Pros and cons of syndication investing
12 June 2019 | 41 replies
It’s an entity that’s set up purely for tax avoidance or tax evasion.
Chase Gray
How does one properly manage the capital of a REIG?
6 December 2018 | 4 replies
You're still picking up the gain in total it's just who reports and pays taxes on it.On the other hand, if it was the person with the lowest AGI to whom the money was gifted to and the property purchased by, so that taxes owed on the gain might be holistically low, it might be argued the principal purpose of this scheme is tax evasion and tax courts would probably agree.
Brian Smith
Rental Income from Roommates
25 June 2013 | 6 replies
More than one gangster has been prosecuted for tax evasion.