Brian Erickson
SEATTLE! Looking for a CPA specializing in RE!
Seattle!Looking for the equivalent of Amanda Han in the pacific northwest, haha.Just starting off and want to make sure we're putting our right foot forward. Beginning to make offers and am not as well versed as I'd ...
Kathleen D.
MOST PASSIVE & Safe way to invest $2M for my mother to live on.
My Mother just inherited $2M through my father's estate that she is looking to invest to create cash flow to live off of. She does not want to invest in rental properties, syndications, stocks, etc. She is completel...
Faith Kirk
Solo K - Questions to ask
I am looking for advise on transferring money from an IRA to a SOLO K. We have an IRA that we would like to transfer the money to a SOLO K and we are speaking to a financial person this afternoon about doing that. Wha...
Patrick Forelli
LLC for funding, 2nd home loan STR investment
I'm looking to purchase an airbnb with a 2nd home loan. I have enough funds for a down payment and to furnish it, but funds are a little tight. I understand an LLC cannot be on the title because that would violate my...
Erick Duran
Tax advice for a start up RE investing LLC
Newly started LLC for investing in rental properties. What can I expect to write off at the end of the year? Any guidance on what mistakes were made by any of you early on? Should I hold off on buying equipment suck a...
Stephen Lynch
Bought in 2021, rehab in 2022. Tax handling?
Hello,I purchased a duplex in November of 2021, we've made some small repairs but it was mostly about getting the tenants out so we could start the rehab (scheduled for January). For 2021, I know it would be pretty ea...
Steve Brown
Dodd Frank re: lease option monthy credits
I have seen many posts warning not to get involved in monthly option credits in view of Dodd Frank Act. I have downloaded the entire act and would like someone to direct to that section that deals with monthly leas...
Punith Shetty
Help Regarding EIN/LLC
My sister and I co-own a rental property, with each of us holding a 50-50 share. Our property manager mentioned that they cannot collect rental income for one property and divide it between multiple SSNs.
Here’s thei...
Cole VerBruggen
Craig’s list renter scams
Does anyone know about any renter scams on Craig’s list and how to detect them? If they are promising money and mailing a check what is their endgame? I’m looking for a roommate or 2 and I got 3 similar candidates tha...
Gian Piero Bandieramonte
General Parnership and Inheritance Taxes
Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To...