If I am partnering with someone to establish an LLC there are several tax questions we have as far as if we should provide some income towards ourselves on a monthly or yearly basis. Is there anyone that is an account...
My daughter has just started her real estate investment journey. She currently has her 5 bedroom home for rent and was approached by someone wanting to rent it for an Adult Family Home. Anyone have experience with the...
I trust most active landlords have heard of the April 4, 2016 "Office of General Counsel Guidance on Application of Fair Housing Act Standards to the Use of Criminal Records by Providers of Housing and Real Estate-Rel...
I own two homes, one of which is my primary residence, and the other being an investment property, currently being occupied by my parents. They have been paying us a minimal amount of rent over the past 2 years, while...
My husband and I own two SFH in western Kentucky; one is a rental that we’ve been working on, the other is our primary. We’re planning on moving out of state by the end of the year. We’re looking at setting up a KY ...
Can anyone please give me an estimate of what would it be the taxes percentage that one would be paying if one bought a home for $400k and sold it back for $700k.
I have a couple theories:* Solid leadership, but of course lots of other companies have that. * Premium segment, but there are other competitorsI was thinking of starting my own firm but I have other talents where it ...
We have been careful to document and report all rental income to the IRS from our accessory unit attached to personal residence for the past 4 years.In our current application for investment loans our lender is tellin...
Is there a penalty for moving out and renting your property in a short time frame? Let's say I purchase a duplex using an FHA. I tell them I am going to live in one side and rent out the other. Then a week after closi...
Hello BP Real Estate Attorneys, Tax Professionals, Attorneys,
What is the best "tax-optimized" asset protection strategy for a California resident who owns several rental properties in Ohio, Florida and Georgia (and ...