Jackie Linne
Taxes question for LLCs
2 February 2024 | 11 replies
Hi Jackie,Yes, Single Member LLC can be taxed on your personal tax return as it is a pass-through taxation entity.
James Zhang
Delayed Financing on a triplex in Ohio
5 February 2024 | 16 replies
Full documentation with your IRS taxes (do you have 2023 ready to file?)
Jeff Klonowski
Co-Ownership + Short Term Rental
4 February 2024 | 14 replies
In the case of Pacaso, you only have an ownership stake with rights to use the property + tax benefits.
Artur A.
Need guidance: Property manager transparency & high expenses on old property (1910)
5 February 2024 | 7 replies
like repairs/maintenance, PM fee, utilities, taxes, etc?
Desmond Fielding
Transferring Property to an LLC - Fannie Mae Approved Method
4 February 2024 | 5 replies
Changing the deed is a sale and taxes and increases are due.
Luis Savery
Jersey City Greenville Potential
5 February 2024 | 6 replies
Surprisingly enough because of low taxes and interest rates the numbers in certain ways seem to work out.
Edna Terry
Buying Subject to with a person who has ta liens
4 February 2024 | 7 replies
Only to find that the IRS came to the house serving a Tax Warrant on the owner.
Julia Taylor
Help choosing a new RE investing strategy
4 February 2024 | 4 replies
but it sounds like you know a lot of what you DON'T want; what you do want is the opposite. if you're going to do your next project alone, it sounds like you want a LTR nearby that's relatively turnkey without any problem-tenants. you can do a 'lazy 1031' where you just sell traditionally & in the same calendar year buy the new property, while working with your cpa to figure out how to offset the tax bill. you could alternatively partner with an active investor on your next deal; that way you could invest in what could be a higher cashflow market compared to where you live, and not have to invest much time (since it sounds like you guys don't have as much time to spend on this now).
Joe C.
raising the rent or holding it at its current rate
4 February 2024 | 10 replies
Something like "unfortunately at this time I do need to raise rent due to increased property taxes, insurance costs, etc.
Ted Daniels
Flipster software a fraud or legit?
6 February 2024 | 63 replies
You have to just go with what they give you. they charged me right away the $97 (plus tax) then I was like umm wtf?