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30 April 2024 | 99 replies
I had an introductory phone call with Zach (this is his standard procedure) and we discussed my goals and then he explained his business, how he got to where he is, how the business could help me reach my goals, etc.If you would like more information, feel free to reply here or I would also be happy to connect!
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27 April 2024 | 12 replies
We have all the same rules and procedures and use QBO for as our accounting software with all forms of payment accepted- online, ach and regular mail.We encourage communication.
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26 April 2024 | 5 replies
It falls under the automatic consent procedures, so it does not need approval - it could still be audited though 3.
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27 April 2024 | 19 replies
You should have your attorney review Revenue Procedure 2002-22.
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25 April 2024 | 4 replies
Some rules/procedures may differ from state to state, so it never hurts to have a contact in the different states you plan to be in.
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25 April 2024 | 2 replies
Once the title is clear of those pesky old liens, you'll be good to go.This is not legal advice, so speak with your attorney for actual procedural issues.Keep investing and moving forward!
24 April 2024 | 1 reply
Call the County Assessor and ask about the procedures.
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24 April 2024 | 6 replies
I’ve been listening to the podcast for about four years now .I just decided to step it up and be active on the forms as well as upgraded to pro and I’ve been using the calculators on daily basis and it’s been amazing .I live in North Hollywood, California and I have four rental properties in Kansas City, Missouri.I am to grow my portfolio with cash, flowing assets and open for partnerships.I am a General contractor here in California, having a lot of experience with the building procedures as well as good couple hundred thousand in cash ready to invest, looking for good opportunities, and tired of standing on the sidelines.Thank you for this awesome community!
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26 April 2024 | 52 replies
The absence of permits can speed up the completion process and reduce the cost of permitting procedures.
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23 April 2024 | 6 replies
Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that