Hello- Does anyone know who can loan on an 11 unit multifamily in Michigan and meet the following criteria-65-70% LTV(650-700K Loan)-NO tax returns required -Sub 9% rate-At least 5 year term. But prefer longerVirtuall...
I know I have to report wholesaling income on my tax return. My question is, how? And should I just have a real estate focused accountant do my taxes for me? I spent $5,000 on mail, and made $13,000, so an $8,000 prof...
I have a K-1 (Form 1065) from a Colorado LLC. Attached to it is the Colorado K-1 equivalent (Form 106) showing the corporation paid the taxes for me on my income in the state (I am a non-resident). This is my only i...
Hey guys,I am new to tax lien investing and am filing my tax this year. I am confused on how to report the gain/loss.I started buying tax liens at the end of 2017 and a few of them got redemption in 2018. A couple of...
Hey everyone,for many reasons, I didn't process income tax for the last 3 years of my LLC. I bought and held a rental-property and lost money the first 2 years (a bunch with renos, holding cost, etc...) last year I ma...
Today is the deadline to file your individual tax return. If you have not already, there are three ways to get an extension: E-file extension for free e-file their extension form for free.By paying an estimate of thei...
I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit. We have been renting the garage to a guy for storage and have $1250 in income for 2019, and have put about $30,000 in...
Filing State portion of Tax Return currently. One property had a positive income of $3k. I bought a second property and we did a bunch of rehab to it, so I had a loss of $12k. When I put both of these into the sched...
I was looking to apply for a mortgage without issuing my Tax Returns. I have money saved up and my credit is almost 700...but don’t want to deal with the high interest rates from private lenders. Any advice would be g...