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Results (1,419)
Levi Perl Out of state losses and filing taxes
12 February 2025 | 12 replies
You will report worldwide income on your federal and Kansas tax returns.You will also include the MO activity on your KS return.Your MO return will only include the acitivity within that state, which in this case, is the rental property.In the future, if you have income in MO(either through the sale of the property or through rental income), you will pay tax to MO but KS will give you a credit for any taxes you pay to MO.best of luck
Sidney Mossiah Seeking High-Volume Investors: Let’s Connect and Grow Our Portfolios!
5 February 2025 | 2 replies
A little about me: I work with investors worldwide to build portfolios with turn-key-ready SF/LTR properties and manage them on the back end.
Christian Conti Anyone have any Farmfolio Experience?
3 February 2025 | 5 replies
Greening disease-  worldwide citrus has been impacted by greening disease.  
Morgan Vien I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
27 January 2025 | 8 replies
Rental income will still be taxed as Oregon source income, and you will also report it on your California individual tax return as part of your worldwide income.
AJ Wong 🌲 The best places to invest in luxury estates and ranches on the Oregon Coast
23 January 2025 | 2 replies
Bandon in particular has a very strong trajectory due to the ever expanding reputation of Bandon Dunes Golf Course as a worldwide attraction. - Florence, Lakeside, Yachats - This is fairly accessible region through Eugene and also offers spectacular landscapes and amenities.
Basit Siddiqi Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
If so, are you concerned about Spain's tax system on worldwide items?
Carlos Rodriguez New to US market
11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
Jerry Zigounakis LLC or sCorp for investment properties
21 January 2025 | 7 replies
CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.
Spencer Cornelia $50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
I had enough food to get by.And I had to deal with a worldwide pandemic slowing down the economy when it came time to list my house.But life has a great way of balancing out the good and bad.
Jack Cottrell Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Will you actually see any appreciation on the asset outside of worldwide crisis?