How does one manage/report income for wholesale checks issued from title co.? 2016 was my first year making money on wholesales. Do you just provide your book keeper/accountant the HUD1 or do the feds issue 1099 from ...
Hello,
If an applicant put down a specific name as their supervisor, and I know that the manager over all the staff is another person, who I know for different unrelated reasons, is it legal for me to contact that ma...
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
Hi all,
A former tenant is being investigated by his former employer for property theft from the company. The employer has an internal investigator who has requested I confirm the tenant's name and contact i...
I always wondered how lenders verify tax returns in Canada. In the Usa, lenders can make you fill up a form that will allow them to pull your tax returns themselves, but such practise doesn’t happen in Canada. Lenders...
hello,
please i am looking for a agent who can help me buy a multifamily houses southern California with my employment authorization ' co8 ' and social security. i have a asylum pending case...
thank you.
I'm looking for an app that can handle my real estate investment accounting.
I've done the trial for quickbooks self employed and loved it. But I didn't see an option to customize into specific properties. When I tr...
All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping. I have had an LLC and recently set up an S-Corp to start doing rehabs. I like the control features of the Solo ...
I need some help with thinking through the self directed 401k. I have two side business: (1) professional service firm, and (1) real estate investment company. Both are new companies, and in their infancy. I do not ta...
I have a quick question. When you are verifying employment by calling and verifying prospective tenants employment, do you ask to speak to someone in hr? Are you asking them how much they make? I am just wondering why...