Justin Schmitz
What do you guys think of these doom and gloom types?
Housing Crash Basically doom and gloom article explaining a negative side of real estate, thought this would have been shortly after the crash in 2007/2008 but looks like it was recently published. What do you guys...
Phil Yan
1031 exchange from California to Pennsylvania
All I am looking todo a 1031 to sale a property in California that is currently in a joint living trust as seller (husband and wife ownership) of the relinquished property. I have created a single member LLC (husband ...
Julio Gonzalez
Multi-Family Properties and How to Maximize Returns
Passive Activity Loss Rules
If you are a real estate investor that doesn’t qualify for REPS status (discussed in #5 below), understanding the Passive Activity Loss rules is crucial. Passive activity losses are those ...
Ken P.
Does an HOA owe federal tax when selling a foreclosed unit?
A condo HOA where we have a number of units and where I sit on the board is being told by our accountant that we owe tax on the profit on the sale of a unit owned by the Association. The Association has owned it for ...
Tanner K.
Tax benefits of using seller financing
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
Christopher Gomez
Terrible CPAs & Attorneys
What is a crazy story you can share about either a CPA or an Attorneys that was terrible?
Jose Falconett
How do i deal with defaulted tax & mortgage seller issue?
If I find a motivated seller say from an advertisement that wants to sell their home because they missed tax payments and mortgage payments...Do I include that the buyer of the property will be covering these costs in...
Americo Madeira
Any info in how to get a mortgage with the ITIN number?
Hi,Hi work just with my ITIN number,I tried to get a mortgage and they ask for 40-50% downpayment.Anybody have some info about how to get a mortgage witout a social security number?I just have the individuam tax payer...
Hal Cranmer
Tax Delinquencies
Hi,
I was wondering if people have much luck going after leads who are behind on their property taxes? It is pretty easy to look this up at my city office, and some of the people are several years behind in paying. ...
Kathleen Carroll
Solo 401k in-kind distribution 20% tax withholding
I took an in-kind distribution of real estate from my Solo 401k last year. I paid the 20% mandatory withholding taxes through EFTPS using the plan EIN #. The funds came from my personal account, not the 401k/checkbook...