DS MokNgo
Accountant advise for foreign investor
17 February 2024 | 3 replies
In one of the email from her last year, she said "We will be able to use the FIRPTA withholding tax on your 2023 US return against any possible tax payable so you will either receive most or all the withholding tax back on the 2023 US return"However my selling agent told me that I need to pay tax for 20% capital gain, so I am unsure if I will actually get most of the withholding back, or I will need to pay a significant amount to IRS.purchase price about 12 yrs ago was $80k + costs.
Jun Lopez
Looking for an accountant in the area
16 February 2024 | 12 replies
The accountant that we had last time is based in Chicago, specializes in real estate and is a good one.
Patricia Lashley
How do I get this man out of my house quickly and legally?
17 February 2024 | 25 replies
He paid the last month's rent when he moved in as well as a deposit of $1400.
Robert L.
How to connect with a Series 7 license holder / RIA / Securities Broker
16 February 2024 | 9 replies
Fractional real estate investing appears to be having a renewed interest and growth over the last few years so I am transitioning into fractional real estate investing in new construction luxury STRs.
Troy P.
Trying to sell home to tenant with no financial history
17 February 2024 | 25 replies
If you want to sell to get the equity out of your primary within the 2-out-of-last-5-years scenario, and she can't qualify, then it's likely best to give her notice of non-renewal, have her leave at lease end with a good landlord reference, (it's not an eviction), then sell it.
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
16 February 2024 | 6 replies
Paid ~3.5k of paintings last year.
Joseph Gringeri
Tips for Purchasing an Old Property
16 February 2024 | 7 replies
Do your due diligence, but most of this stuff doesn't last and is updated way before your buying it today. 1940-1970s - Orangeburg Pipe, Fuses, Aluminum Wiring, Galvanized pipes, etc. - These are the years you have to worry about the most as many of these materials are coming to the end-of-their life as your purchasing today. 1980s - 2000s - PVC pipe, copper plumbing/wiring, slabs, etc. - these are more standard material today, and are more plentiful and are sometimes easier to replace as construction got better. - I'm not actually a fan of the newer builds as everything isn't built to last and a burst pipe, strong weather, meth-head who sells copper, etc. can do catastrophic damage more easily.
Joel Oh
Bike rental - Money maker? or Headache?
17 February 2024 | 31 replies
Bikes will last a few years at most, less if you are renting bikes with gears.
Devan Wilson
Fha 203 K Program.
16 February 2024 | 4 replies
And there were only 12 FHA 203k loans done last fiscal year in Oklahoma City.
Jordan George
Rental Property Investing - US vs Canada
17 February 2024 | 16 replies
Wow - quite the conversation going on since I dropped into this thread last.