IRS tax levies on agents commission for back taxes 4. license suspended for back child support 5. license suspended for student loan delinquencies 6.

Nothing more frustrating then sitting on a beautiful house with staging in it though...The Numbers:Purchase: $195,000 (cash)Rehab: $50,200Holding: $1539Closing/sales/excise: $28,000 (roughly)Sold in 6 days: $330,000 conventional, no concessionsProfit: $52,074 give or take.Bottom line, is make sure that you have VERY well defined contracts when you set up your partnerships, whether its for your company or a joint venture on a property. 

I consulted my attorney about wholesale flipping and he told me it is uncommon in WA state because of the exorbitant excise tax paid at closing.

That’s before additional increases are considered for schools, parks and other property tax levies,” he wrote.

The regulatory authority responsible to look after the registration, compliance and collection of service tax in India is Central Board of Excise and Customs (CBEC).

*There are 4 other key tax advantages that you're missing:Medicare (1.45%) and Social Security (6.2%) taxes are not levied on rental income.

@Levi GrazianoWhat was the agreement between you and the management company before closing?

The problem is that BOH is telling me that they will not count my rental income on any of my 5 rental units until it's on 2 years of tax returns.. even though I showed them signed leases and my General Excise tax fillings (Hawaii's tax on all income) showing that I collected 30K in rents. 

A properly set-up DST will both protect your assets and bypass the burdensome franchise tax that would be levied against a Series LLC.Feel free to connect with me if you'd like to know more.

A properly set-up DST will both protect your assets and bypass the burdensome franchise tax that would be levied against a Series LLC.The Delaware Act expressly provides that “[n]o creditor of the beneficial owner shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of the statutory trust.” 12 Del.