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.
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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).
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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.
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2 April 2024 | 43 replies
As the New York Post article notes, “Under the law, it is illegal for the homeowner to change the locks, turn off the utilities, or remove the belongings of the ‘tenants’ from the property.”
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4 April 2024 | 10 replies
Is the replacement property intended to be used for investment too or for personal use?
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3 April 2024 | 19 replies
You could also forward to a personal address, but the address forwarding triggers address updates for some senders.
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4 April 2024 | 11 replies
Every person has still booked Sat to Sat.
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1 April 2024 | 11 replies
Personally speaking, my long term rentals don't have any cameras that I installed.
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3 April 2024 | 4 replies
It's about being a person great mentors want to help!
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1 April 2024 | 7 replies
Here's the background on it and what I'm considering, please let me know what you think.I’m a W-2 person using a local property manager, I love my job so I need someone else to do the work.