Alfred Mills
Dallas/Fort Worth CPA Referral
29 January 2024 | 8 replies
I started flipping houses through my LLC last year and don't trust continuing to file my own taxes.
George Harris
Quiet Title vs Tax Title Services
27 January 2024 | 46 replies
Then I paid the taxes and got the 10k back that I had paid for the tax lien.
Moshe Marciano
Short term rental in CA
30 January 2024 | 15 replies
Malibu allows it but requires a 15% "hotel tax" on the gross revenue.I would recommend looking out of state or underwrite the property as a long term rental in the event laws change.
Lexi Blevins
Punta Cana, Dominican Republic or Tulum, Mexico?
29 January 2024 | 2 replies
Punta Cana does offer the advantage of not having to pay taxes, but keep in mind it receives less tourism compared to Mexico.In Tulum, the market is becoming competitive, especially in standard studio, 1 & 2 bedrooms.
Luc Langlois
New 25 Year Old Chicago Investor Looking to Connect and House Hack a Multifamily
30 January 2024 | 10 replies
In my opinion, I wouldn't worry as much about cash flow and just make sure your PITI (principal interest tax & insurance) less rental income is less than you would pay for rent in that particular area.
Dennis Lin
Bay Area Newbie looking to invest both in CA + out of state
29 January 2024 | 3 replies
Check Alabama posts. 2nd lowest property taxes in the nation behind Hawaii.
Stephanie St. Germain
Is an LLC needed before buying the property?
29 January 2024 | 13 replies
.- You will now have to file a tax return for your LLC and these can get expensive.- You might need to pay an annual fee depending on your state- When you pass away does the basis reset when your kids receive it as an inheritance?
AJ Lee
Our previous primary residence is a VA loan that we really don’t want to sell!!
29 January 2024 | 2 replies
We would like to take the equity and invest in a short term for some tax benefits.
Latrisa Wyatt
Short Term Rental Fees
29 January 2024 | 2 replies
The rentals are also taxed, of course, but Airbnb and VRBO automatically collect those fees when each stay is booked.
Chris Picciurro
Bonus depreciation update coming.....
29 January 2024 | 4 replies
It looks like the Tax Relief for American Families and Workers Act of 2024 is going to pass soon.