Michael Plaks
EXPLAINED: bookkeepers v CPAs - hire one of each or combo?
15 January 2024 | 9 replies
For example, my tax firm does not offer bookkeeping.
Justin Sherman
Advice on townhouse transfer from family member. (northern virginia)
15 January 2024 | 6 replies
I.e. i want this person to get their equity out of the home (provided by me) without having the tax headache and drawn out process of a sale etc..
Carlos Quiros
LLC Set Up
15 January 2024 | 2 replies
This is a first hearing that I have to set up a second LLC for my first investment LLCCarlos@Carlos Quiros you need to register the LLC as a foreign entity in California, since you are operating the LLC from California, and file and SMLLC tax return.
Justin Brickman
Texas Property Taxes
13 January 2024 | 1 reply
Greg Abbott’s $18 billion tax cut package for Texas homeowners came into force on Monday, but many residents complained to Newsweek that they are still facing impossibly high taxes on their homes.Property Taxes by the stateProperty TaxesDespite having no personal income tax—a perk that has attracted many to move to the Lone Star State—Texas has some of the country’s highest taxes.
Ian M.
Alternative to STESSA?
15 January 2024 | 38 replies
I personally use azibo to do my bookkeeping and tax prep, and it's become more and more simple and efficient.
Amanda Black
Offer accepted on first property. Having serious second thoughts.
16 January 2024 | 39 replies
Additionally, after 2 years if you decide to sell to trade up you can take advantage of capital gains exclusion and not pay any taxes on the gain.
Barry Wong
Hard Money Lending - $100k Enough?
13 January 2024 | 11 replies
Unlike owning real estate, which is typically taxed at a capital gains rate, lending is not particularly tax efficient since interest income is taxed at your marginal rate, @Barry Wong.
Jeff Hines
How to get started in real estate with 150k cash
15 January 2024 | 14 replies
I also had issues getting a loan since I haven't been in real estate for 2 years yet but I was told if I file my taxes in early 2024 I would be able to get approved so you could see if that would work for you.
Leo R.
Are you using projection models? (Here's why you should)
16 January 2024 | 16 replies
The software can produce many detailed reports but the ones I include for most families are cash flow, net worth, estate calculations, tax reports, etc.
Alex Ng
Subject to Due on Sale Clause Risks
15 January 2024 | 3 replies
Would the property taxes change once the title has been transferred?