Steve R.
Resident -> Non Resident Tax implication for investment propertie
23 May 2020 | 10 replies
I am not a tax professional, but my understanding of 871(d) election https://www.law.cornell.edu/uscode/text/26/871 is that there is no need for a LLC, you just add a sheet of paper to your tax return where you say§ 871(d) Election to treat real property income as effectively connected with U.S. business(a) property(b) interest(c) location(d) improvements(e) election yearAfter listing the 5 columns above for each property, you say it is your election for fiscal year xxx, you put your SSN or ITIN and sign.
Vaibhav Puranik
Northwest Indiana (Lake County) Property Tax
21 May 2020 | 5 replies
AddressTax YearTaxesAssessmentTax RateData Source5330 Tyler St, Merrillville, IN 464102018$2138$91,8002.3%Zillow51 Deerpath Rd, Merrillville, IN 464102018$1509$102,1001.48%Zillow7817 Whitcomb St, Merrillville, IN 464102018$914 (Realtor.com)$108,1000.84%Zillow6252 Johnson St, Merrillville, IN 464102018$3277$120,3002.72%Zillow505 E 53rd Ct, Merrillville, IN 464102018$1897$102,6001.85%Zillow
Pablo Madrid
Section 121 exclusion rental to new construction primary home
17 May 2020 | 2 replies
2) I have other SFH rentals I just Schedule E and that's it.
Ricardo Peterson
Real Estate Investing in CA v.s. cheaper hometown
22 May 2020 | 23 replies
Here is the registration link:https://www.eventbrite.com/e/i...
Max Hutchinson
First Purchase Owner-Occupied duplex
18 May 2020 | 4 replies
All of this info might go on your Schedule E of your personal return.There are plenty of land lording books.
Marissa Staller
Recommendation for tax prep specializing in house-hacking?
19 May 2020 | 2 replies
As such, the payment of real estate taxes needs to be allocated to personal deduction(Schedule A) and business deduction(Schedule E).Are you open to working with an accountant remotely?
Clinton Davis
Warer company will not allow tenants to open account
18 May 2020 | 11 replies
Currently, it's paid on-line, they still send me paper water bills, which I scan and e-mail to my tenant, not like the old days where I have to copy the bill, go out and mail it to the tenant.
Jonathan Bombaci
4 family in Leominster from a Commercial Portfolio
18 May 2020 | 0 replies
Significant equity on day 1 e Lessons learned?
Jonathan Bombaci
4 family in Leominster MA
18 May 2020 | 0 replies
Significant equity on day 1 e Lessons learned?
Aviv Harkov
What would you do with 30k as an out of state (&country) investor
26 May 2020 | 16 replies
@Aviv HarkovI would invest in a Cabin in E TN Pigeon Forge.