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Results (10,000+)
Caryn Fischer Tax question with selling a house
22 January 2025 | 4 replies
For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).
Randee Erickson Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
It wasn’t an issue of “underwriting does review a file until it was complete”.
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...
Michael Plaks EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The short answer is: file form 1099-NEC. 
Jim Stanley Worth it to use insurance for a repair.
23 January 2025 | 9 replies
They usually have a process for filing a claim with the city for damage caused by them, and they may be willing to cover it.
Harrison Jones Seeking Advice: Collaborative Development Opportunity with Neighboring Parcels
21 January 2025 | 0 replies
Hi everyone,I’m exploring a unique development opportunity involving my property and neighboring parcels, and I’d love some advice on how to move forward.My neighbor is currently in the process of building 54 townhomes on the property directly in front of mine.
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.
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.
Cody Caswell Save Hours at Home Depot + Lowe's
23 January 2025 | 4 replies
You're correct that getting every detail involved right from the start is critical!
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.