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25 May 2021 | 3 replies
I am ready to file an eviction but know this can be a very long process and want the tenant out ASAP does anyone has any recommendation as how to keep the tenant accountable in this process also is it okay to still collect rent and start the eviction process?
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25 May 2021 | 3 replies
In many states you can file suit for damages if seller doesn't perform their duties specified in the contract.
8 July 2021 | 17 replies
It'll have virtual assistant performing marketing activities as well as screening bookings, filing and preparing reports to make tax reporting a breeze.It's only for extended stay operators.
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25 May 2021 | 1 reply
I believe the only ramification from this is we will both have to file form 970 w/ the IRS which will reduce the gifts we can give by the said amount less $15k (so his lifetime gift allotment would be $11.4M less $235k and ours would be less $110k)?
28 May 2021 | 4 replies
On the other hand, if I register the LLC in California, my taxes would be a lot simpler because I would only have to file in 1 state.So, given my situation, should I register my LLC in California, Georgia, or Nevada?
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25 May 2021 | 5 replies
If you make enough gross each month to support two full mortgage payments without a renter, then you should be fine but the only way to know for sure will be to have a lender review your file.
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30 May 2021 | 4 replies
@Gary WolfowiczYour tax situation will get MUCH MORE DIFFICULT.You will go from most likely being classified as a permanent resident to a non-resident alien.You will be required to continue filing tax returns with the US if you have income sourced to the US(I.E.
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19 July 2021 | 4 replies
@Justin GottusoThe unique tax thing about Ohio compared to other states in the county is the abundance of locality/municipality returns within Ohio.You may be required to file a separate locality return if you are doing business within that locality.I.E. if you have a rental in Cleveland and Cincinnati, you may be required to file a Federal Return, Ohio State Return and two separate locality returns.Below are some tips to find a Local CPA that specializes in real estate1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.
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29 May 2021 | 6 replies
I would serve the seller (and send notice to the would-be buyer and title company handling the transfer, if known) a copy of what you're intending to file in accordance with the Notices section of your contract.