Are there any tax attorneys/CPA’s on BP with international experience?

I am setting up an LLC for rental property investing with 2 partners from the UK. I am under the impression that the LLC must withhold 35% as it...

Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.

The advisor suggested that for my personal residence I should buy a house ins...

I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...

Hi everyone,
I'm considering selling one of my properties next year but would like to sell as principal residence to avoid capital gains tax. What documentation/proof do I need to provide CRA as means of proof? 
Ex....

A family member loaned me money to make a property purchase at trustee sale. Their loan amount was roughly 30% of the purchase price of the property. We have a promissory note for the loan amount and I am paying them ...

I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...

Hi all,       If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy?       A bit background, I did a flip...

I held a private deed of trust (5 years, balloon payment) in a friendly transaction but it was all properly recorded, etc.. I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, wh...

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, l...

If anyone is willing to provide some insight on how to execute either of these strategies it would be greatly appreciated. What contracts do I need? 3rd party note servicers? What are all the steps to protect me and t...