Roxanne Whitaker
MD Tax Law on Out of State Investment Owners
15 January 2025 | 1 reply
Any taxes not owed, a seller merely file a tax return with the state, just like any other tax returns filed for extra taxes a government has with held.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
Suggest you check in with him/her on this additional service as your attorney is already intimately familiar with the file and you can often give them pre-authorized amounts to settle on vs trying to squeeze all the blood from that turnip.
Jennifer Gill
Do Not Call List - sick of calls!
7 January 2025 | 5 replies
When I get an unrecognized phone or text, I let the call go to voice mail, then I text "Did I just miss your call?
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
If you continue filing taxes jointly the income you realize from your separate property will still need to be explained and redacted, regardless of the type of entity holding the real estate.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Quote from @Dyanne Christensen: File a Complaint against RAD Diversified REIT, Inc. | Better Business Bureau® (bbb.org) What will filing a complaint with the BBB do?
Greg Strunak
air bnb bust
5 January 2025 | 10 replies
You can get in and talk to the mayor or city council to get a feel for what is going on plus voice your opinions.
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.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The short answer is: file form 1099-NEC.
Brett Riemensnider
First Year Rental Owner
19 January 2025 | 1 reply
You might need to file 1099s if you used contractors or other people whom you paid for labor:https://www.biggerpockets.com/forums/51/topics/1167632-expla...
Account Closed
PM needs ss#
19 January 2025 | 9 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.