Dave Younts
New Investor to BP - Introduction and First Deal
Hi everyone. I returned to Charlotte in 2014 following five years of service as a Captain in the Army. Having grown up in Charlotte, I am very familiar with the city and all of the different areas. I was blessed wi...
Rebecca Cramer
Room Tax and Tax refund...want to do vacation home # 2!
Hi everyone! So we just bought our first vacation rental in January and went live on airbnb in March and we are doing so well we think we can use the money we made over the spring and high season this summer for a dow...
Sean Brennan
True or False - Bird Dogging is Illegal
Specifically this situation:
A wholesaler pays a mail man for the address of a vacant property. The wholesaler is not a licensed RE salesperson/broker.
Is this an illegal activity for the wholesaler, the mail man...
Evelyn Guo
K1 loss tax report for non-resident state (NC)
Hi, I am using Turbo tax to file K1 form, the NC state tax is filed as non-resident alien. I had a passive loss form the syndication, I am not sure whether I should input 0 or the actual loss number in D-400 Schedule ...
Joe Splitrock
Zillow Hates Landlords
Do I really think Zillow hates landlords? Well actions speak louder than words. I was surprised to get an e-mail encouraging tenants to not pay rent until August 24th. Landlords and realtors are the main revenue sourc...
Chris Mason
420 friendly jumbo
Any of you ever brokered a jumbo loan for a full time self employed medicinal pot dealer? Who did you use?It's all legal (CA legal, anyways) and on the borrowers tax returns and all that.
Marek J.
After tax return question
High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?for example I’d need to make 18 at work to equal 9k rental income.
So I calculated that with real...
Shay Nabors
Section 8 Window Screen Requirements
HNY! We had a unit turn over and would like to fill vacancy with a Section 8 tenant. We have never been through an inspection but I know we need screens in all windows.
Do the window screens need to open? I've seen...
Javier Gaillard
Federal and State Income Tax for Foreigners
As a foreigner what is the tax rate for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax.Can you get a ...
Jack B.
Does escrow withhold capital gains tax?
Or do you just pay it when you file your taxes? I know for state excise tax escrow pays the state out of the proceeds. What about federal capital gains taxes?