I am in the process of filing taxes.

I ended up in a debt hole since the program cost me about $8000, then they introduce you to Prime corporate service to do your taxes for another 2k and then set up your business and registered agent stuff for another 2k.

I will continue to be transparent with the agents and go through the process according to the law update.We are working on all the backend processes, 2023 taxes, you know the flow.. and hope timing works in our favor.

Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.

Im not familiar with the specifics of the USA + Mexican tax treaty, but this article is a great place to start: https://www.cpasforexpats.com/post/us-mexico-tax-treaty#:~:text=The%20US%20Mexico%20tax%20treaty%2C%20signed%20in%201992%2C%20serves%20as,according%20to%20their%20respective%20laws.

The best differential between NY/NJ investing and PA are the taxes.

I would like to know if this is a deductible expense on my taxes.

The house is a 3b/2ba 1,895 sq ft home but an additional sunroom built in which brings sq ft up to 2,055 (based off tax records my agent found).

Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order to pay less income taxes from my earnings?

Seller financing still implies a transaction and therefore a tax event.