(likely never as I love what I do)Already being a business owner, I realized that generating wealth through RE is a slow and steady process, so what we decided to do to ramp up savings a bit to help aquire the next property is we moved in with my wife's parents and rented our Bay Area home.

I grew up right near Lowell and my parents and younger brother still live there so I am generally familiar with the market (but definitely not an expert). 

I also understand that the withholding taxes are taken not from the total sale price(?)

If corporate guarantee is it the parent company, subsidiary, or a single location entity LLC the tenant created that they can bankrupt and easily walk away from without affecting other stores they own or their personal assets.

Unfortunately my parents divorced when I was young and work restricted time with my dad to every other weekend only.

I'm already planning my next steps after this property closes.I decided to invest in real estate not only because I want the financial freedom and flexibility out of 9-5, but I want to give back to my parents who have blessed me with so many amazing opportunities growing up.

A GIT-REP 1 is withholding for NJ State Personal Income Tax.  

I want the freedom to start my family and be around in my kid’s life without having to work so hard like my parents did.

Hi, I have a general tax/llc related question.Does a holding/parent company (LLC) need an EIN and have to file taxes if the subsidiary/operating company will file for it's own taxes?

Traveling professors, students, parents, nurses, patients, patient families all have a need for short term furnished rentals.