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22 February 2024 | 1 reply
Here is a site LA county site for the Tax Auctions: https://ttc.lacounty.gov/schedule-of-upcoming-auctions/HTHS
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23 February 2024 | 16 replies
Typically the LLC owns the property and what you are calling the GP is the manager of the LLC.For Schedule of Real Estate Owned (SREO) wherever I'm the syndicator, guarantor or deals where I'm a passive investor are all on the list.
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24 February 2024 | 8 replies
Everyone says pull "absentee owner" pull "tax delinquent" pull "tired landlord" and the list goes on.
25 February 2024 | 7 replies
Everyone wants free tax advice.
23 February 2024 | 7 replies
You buy a property that needs work, move in, and do the work on your own schedule over the course of two years.
25 February 2024 | 8 replies
Definitely worth chatting with a tax pro to make sure you're set up in the best way possible.
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24 February 2024 | 4 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
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24 February 2024 | 16 replies
I am sure that you would think that the Turo contract would help with that, but seeing as you are providing it as a service in addition to your STR, I can see issues if there is a problem.Plus you are offering significant services with that rental and that would change your tax situation.
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24 February 2024 | 2 replies
I have one more year to decide whether to sell it without getting taxed.
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23 February 2024 | 14 replies
I also notice that property managers tend to do block viewings, they will show it to bunch of people and sometimes coordinating everyone’s schedule means that it may be some time before the “actual viewing”.