Ryan Moye
Need Help with My First Wholesale Deal
20 October 2020 | 15 replies
Or is this just commonly negotiated?
Jay C.
Understanding Closing Costs on a Refi
20 October 2020 | 9 replies
Initial Escrow Payment at Closing also has a Property Taxes at $432.52 per month for 12 mos (total = $5,190.24)This doesn't seem right.2) Is it common for the Closing Costs mount $10,309.99 to be rolled into the total loan?
John Stanley
avoiding capital gains tax on foreign property
20 October 2020 | 6 replies
Depends on how the foreign business is treated under US income tax law, and what treatment you elect under the check-the-box rules if the foreign entity is not a per se corporation for US income tax purposes.I strongly recommend you speak to your tax professional.
Anja Wright
NY Holdover Tenants Won't leave. I'm an owner occupying landlord.
26 February 2021 | 61 replies
They refuse to wear masks in the common areas despite being asked.
Doris Moore
What are the PROs and CONs of going month to month
20 October 2020 | 8 replies
@Michele Fischer thanks for the detail answer the rental property is in Marysville where M2M is very common.
Zach P.
FICA TAX Question (EMPLOYEE and EMPLOYER/EMPLOYEE SIDE BUSINESS)
20 October 2020 | 16 replies
For this reason, many self-employed, tax status traders do their trading through a wholly-owned corporate tax entity, either S or C (usually S), to open up retirement and health insurance planning opportunities.Second, you should talk to your tax professional about a Sec 475(f) election, and the interplay with the QBI deduction thereunder, taking into consideration Specified Service Business Treatment and phase-out limitations.
Mike Harris
A Question For Real Estate Agents/Investors
20 October 2020 | 10 replies
Its common for agents to do both as a "transition phase."
Pedro Cardoso
sHouse Hacking in Greater Los Angeles under 500k
16 January 2021 | 14 replies
Steven, the 5% conventional loans are fairly common, most people have a misconception that they cannot be competitive in an active market with them.
Cecilia Cave
Tips on buying foreclosures
20 October 2020 | 4 replies
The fact that REO properties are always AS-IS has nothing to do with the fact that many sellers of real estate are offering their property subject to inspections and negotiations on treatments, repairs, and replacement.
Melanie Johnston
Single-Family Homes in Phoenix & Sunbelt Attracting Big Investors
21 October 2020 | 5 replies
“We see investors moving to this very stable investment class from all other [commercial real estate] segments because of higher returns and more stability.”Single-family rentals are in demand from multifamily tenants as renters choose buildings with limited common areas, and without shared hallways and elevators, Cline said.