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5 February 2025 | 4 replies
@Josh Ball mentions, there are issues with foreign investors but, nowadays, it's not necessarily on the tax front anymore.
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1 February 2025 | 12 replies
What you owe doesn’t affect how much tax you owe.
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20 January 2025 | 57 replies
Have you passed the tax assessment yet, or is this your first year of owning it?
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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21 February 2025 | 4 replies
Also, cash flow from the rental needs to cover your mortgage, insurance, and taxes.
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12 February 2025 | 0 replies
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2 February 2025 | 13 replies
. $800 yearly tax for each LLC.
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11 February 2025 | 4 replies
They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation.
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23 February 2025 | 2 replies
The Sewer Charge and Water Supply Tax may be higher now.Check if you’re now subject to automatic annual rate hikes based on CPI, which could contribute to the increase.4.
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23 February 2025 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.