James Bakun
How to avoid FIRPTA tax? and how to avoid withholding requirement?
3 April 2024 | 8 replies
Do note that when the corporation one day decides to return money to the foreign person it will be required to make the FIRPTA withholding and pay its own taxes on any income the property generates.Individuals can also complete Form 8828-B for a withholding certificate relieving the seller of the duty to withhold FIRPTA.
Nathan Mcnabb
Help with Creative Financing
3 April 2024 | 7 replies
Then the bank is acting funny about my dti ratio since I've already got one investment property and one person home mortgage.
Bryan Christopher
One SFR rental property LLC or no? Additional coverage?
4 April 2024 | 4 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
Kyle Crouch
Can I use 1031 exchange on a new build house
4 April 2024 | 10 replies
Is the replacement property intended to be used for investment too or for personal use?
Nathan Frost
LLC Address (What is best for security)
3 April 2024 | 19 replies
You could also forward to a personal address, but the address forwarding triggers address updates for some senders.
Will Boller
Sat - Sat or Fri - Fri weekly rentals
4 April 2024 | 11 replies
Every person has still booked Sat to Sat.
Caleb Whitehead
Security Deposit Learning
3 April 2024 | 4 replies
It's about being a person great mentors want to help!
Jack B.
Tenant has gone insane before moveout
3 April 2024 | 2 replies
Go to the Premises, knock on the door/ring the doorbell and wait.a) If all adult occupants are home/available, place a copy into the palm of each adult occupant’s hands, and leave one additional copy forany other occupants, ORb) If a person of suitable age and discretion is home/available, place enough copies for every adult occupant in their hand AND mail to eachof the adult occupants, plus one more copy to “All Other Occupants”.
Ruben Valladolid Jr
Is a realtor needed in a wholesale deal?
3 April 2024 | 2 replies
For now, leaving the Agent relationship on the side, when a person is working with a wholesaler, that wholesaler is already taking their cut off the contract amount that the seller agreed to.
Ignacio Nure
Starting out advice and strategy
3 April 2024 | 1 reply
Firstly, you'd want to make sure that once they do move here they have a place to live -- their own housing and personal finances comes first.