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1 March 2024 | 19 replies
All levels of governments are doing their best to stop prices going up, decrease them and getting more revenue by taxing foreign owners.
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1 March 2024 | 2 replies
@Vinh NguyenI am not an attorney but as I understand it, if cash is accepted as a portion of a home sale that isn't reported to the government, it is considered tax fraud.
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1 March 2024 | 13 replies
These are the exceptions of rent control:Exemptions to Rent ControlDwelling units expressly exempt from rent control per state or federal law.Dwelling units occupied after February 1, 1995.Single-family homes, condominiums and townhomes.Subdivided interest in a subdivision.Government subsidized dwelling units.
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1 March 2024 | 2 replies
She can charge 0% interest but would still be responsible for taxes based on the government AFR rate which is around 4-5%So at $400k she would be responsible for $16-20k in taxesYou can have a title company originate the note and mortgageWe do this stuff all day long as investors (not attorneys) so happy to help
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28 February 2024 | 24 replies
@Robin SearleMost people pay zero attention to their local a d state government.
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1 March 2024 | 8 replies
While they are the only public LLC document, they do not govern LLC operations in any way; they do not determine who the actual members are.
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1 March 2024 | 5 replies
However, if you are worried about being sued, you should use the best level of protection that you can afford.Your state laws: The laws governing asset protection vary from state to state.
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1 March 2024 | 3 replies
Beside the use of a single asset entity as noted above, the basics available to all are that your retirement funds are exempt from creditor attachment either through Federal or state law; annuities and insurance is exempt in Texas, Florida and a number of other states, as well as homestead exemptions.
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1 March 2024 | 39 replies
A 1031 exchange is performed the same in all states since it is a federal statute.
29 February 2024 | 4 replies
My neighbor said he thought there might be a free government provided service but he can't remember the name.