Lynn Harrison
gift money limit on taxes, noo? California
10 April 2012 | 3 replies
As Charles Perkins said many lenders do not allow gifted funds to be used in calculations for investment properties; however, I have seen cases where joint accounts have come to the aid.The limit on gifting without having to file Form 709 is $13k; however, don't forget that there is also an exclusion so no tax would be paid on quite a large sum of money being passed.
Alex H.
Tax deductions and property management
29 April 2012 | 11 replies
As Charles Perkins and Ebere Okoye said.
Jeff D.
flipping out over possible s-corp loss
16 April 2012 | 21 replies
,Charles Perkins and I are in agreement you need assistance.
Thomas Handy
I found a property that will cashflow BUT...
16 April 2012 | 7 replies
The 3 bd 1 ba property is $26,000, 1300 sq ft, and has central heat and air which is two years old.Charles Perkins I'm not sure what the inside looks like so after my inspection the price could be lowered.
Kyle Meyers
Appraisal Fee Deduction
25 April 2012 | 16 replies
Thanks for the response Charles Perkins, which property would these be listed for on schedule E when I prepare my taxes?
Vimal Mathimaran
Perkins Oklahoma Investment
26 October 2020 | 0 replies
Per my research seems solid enough. However I would like your opinions and please share any experiences, if possible.
Corey Perkins
Looking for connections in Nashville area
10 January 2021 | 3 replies
@Corey Perkins Welcome to the community.
Account Closed
High/low risk in eastern Virginia?
30 March 2021 | 15 replies
@Logan Perkins this area is very active.
James Perkins
New to Forum / Nashville / Looking for other Markets
6 April 2021 | 7 replies
Hey @James Perkins!
Ryan Perkins
First Time Homebuyer/Investor in Utah
20 July 2016 | 15 replies
Hey @Ryan Perkins, welcome to the site!