Ryan Brown
Replacing a perfectly working shower head
9 April 2024 | 7 replies
. - they pay for installation $25 - they can take it when they leave and you reinstall the old one charge them $25 again.Situation 2 - they do not have a shower head but they know what they want and YOU OWN IT - buy it for them and charge $25 for installation - shower head STAYS when they leave you now have a spare shower head.Situation 3 - similar to #1 they purchased a shower head and it is gifted to you - install it for free - shower head stays with apartment when they leave, you now have a spare showerheadOther than that, its just customer service.
Marlen Rum
Am I required to issue a 1099?
8 April 2024 | 1 reply
It was intended to be a gift for my mother, who for various reasons ended up not moving in, and I sold it in 2023 - 13 months later - for a substantial profit.
Manny Del Val
Nate Armstrong Social Media Marketing for Realestate Investors
4 April 2024 | 18 replies
This coach has done more than 1600 real estate transactions.The coaches and Nate have a real gift for talking to sellers.
James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
3 April 2024 | 8 replies
This applies to all transfers by foreign taxpayers – whether by sale, exchange, liquidation, redemption, gift, or otherwise.
Gavin Jex
Mortgage and seller financing?
1 April 2024 | 3 replies
@Gavin Jex seems like they are trying to help you out, but exposing you to tax issues.As @Chris Seveney already pointed out, one of you will be taxed on the 0% interest loan as a "gift".The other issue is that you will get the property at $170k roughly, and then be exposed to capital gains of the difference between that amount and the market value.Highly recommend you speak with an Estate Planner for possible better options.
Sofia Sharkey
STRs in Southwest Utah
1 April 2024 | 20 replies
Taylor Harrell does an excellent job up there in Property Management and runs the gift shop.
David Travieso
Tenants need to Vacate for a few day while maintenance is being done.
30 March 2024 | 12 replies
There's no need to compensate them for dining or anything else because the rest of the rental is still usable.Even if your renters are understanding and don't ask for anything, I will still consider compensating them for the inconvenience with a $100 gift card or something.
Justin Goodin
I spent $33,836 renovating this apartment unit.
1 April 2024 | 51 replies
In my books that's misleading but you know how to use your words to neither deny or confirm what anyone suspects of you though these forums and that's your gift.
Danay Ramirez
Foreign individual direct ownership
29 March 2024 | 1 reply
This withholding is an estimated tax on your potential capital gain taxes.Estate and gift taxes: If a foreign investor buys U.S. real estate under their name, the real estate property will be subject to U.S. estate tax upon the death of the foreign investor.
Carter McGill
Getting Started/General Advice
29 March 2024 | 12 replies
I was fortunate enough to receive a gift of equity on this property to cover the down payment and my mortgage is around 168k.