Mario Lopez
General tax deductions for S Corp
7 November 2020 | 5 replies
You will get heavily scrutinized by the IRS if you take much of the net income as a distribution rather than as a W-2 employee, depending on the nature of your business.
Blaine Alger
Dead Property Owner? Does brother Have Right to Sell the House?
11 November 2020 | 43 replies
You would welcome him or her with open arms and appeal to their better nature!
Jason Tracy
$40k a year to invest, best strategy to make the most of it?
7 November 2020 | 6 replies
Naturally, we must minimize our vacancy and maximize collections in real estate, but vacancy is just a part of the game sometimes.
Thor Camargo
Assessing damages to floor against security deposit
6 November 2020 | 6 replies
Naturally a guy who replaces floors for a living has a major incentive to tell you that you need a floor.
Erin Spradlin
Will Denver Get More Expensive.
16 November 2020 | 5 replies
Similarities between Denver and Seattle:both very liberalboth have a heavy tech presence (Seattle's is stronger, but Denver's is growing)Seattle has 3.4 million people (2020)Denver has 2.8 million people (2020)both have sought after natural attractions
Ken Donnan
Any Canadians investing in U.S Real-Estate Syndicates?
15 November 2020 | 2 replies
Obviously, the first being to pay the IRS a certain percentage on the gross amount and the second being to pay the Canadian government on the gross amount AS WELL - not the “after U.S tax” amount, from my limited understanding this has something to do with the fact that the Canadian government doesn’t recognize an American LLC as a legal corporation and therefore any taxes paid on income produced through the LLC are not in any way recognized or credited after the income comes back to Canada.Other articles claim that there are “work-arounds” to avoid this situation, but they are very vague in nature - I brought this to the attention of my CPA, unfortunately he doesn’t have much experience with cross-border investing and wasn’t much help.I know most people here are Americans, however, if anyone has any experience with cross-border investing or any information that could help it would be much appreciated!
Tim Cooper
Multi Family Property
11 November 2020 | 3 replies
Financing on these whether again short (private money) or long (institutional money) will be more expensive and require a larger down payment both because the nature of these deals are riskier than SFR's but also, as you stated, this is your first in this asset class.
Musa K.
Vacation escape from NYC
11 November 2020 | 2 replies
Its a good destination for people to be in nature plenty of fishing and hunting opportunities, Bethel Woods and the new Resorts World Casino are there.
Devyn Caraballo
Advice for long distance investing in Milwaukee
16 November 2020 | 10 replies
An abundance of fresh water, a moderate climate, no major threats from natural desasters.
Kristin Britt
Normal for an NDA to ask your net worth, liquid assets, etc?
18 November 2020 | 7 replies
It emphasizes the need for confidentiality and specifies the penalties for a breach.Depending on the nature of the business listed, I will call the prospective buyer for a brief interview to see if there's enough of a fit that an NDA is even warranted.There are plenty of cases where I get queries from dreamers who are completely unqualified to buy the business, whether it's a lack of experience or a lack of funds.