Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
Not sure if you can file a complaint and ask for this to be re-assessed.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The short answer is: file form 1099-NEC.
Clifford Pereira
Real Estate Professional (REP) Status guidance
23 January 2025 | 6 replies
An Excel file or other detailed record-keeping system would okay, as long as it accurately tracks your hours spent on real estate activities.
Bryan Christopher
Post sale - Buyer making legal threats about an appliance
17 January 2025 | 7 replies
They've been very underhanded and petty though, I do expect a court filing if we simply ignore.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
Tinia James
Made no profit this year should I still file taxes?
20 December 2024 | 9 replies
I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “.
Alba Cheung
tenant has not paid for 4 months and this's what happening now.....
15 January 2025 | 15 replies
She did not, so I filed the writ.
Carlos Rodriguez
New to US market
11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
Tonya English
Launch Your Leads Scam
25 January 2025 | 61 replies
After voicing that I will be hiring an attorney and filing a compliant with the Utah Division of Consumer Protection all my ad spend was cut off without warning to make it look like I violating the agreement and I was also locked out of some areas CRM system.