Jennifer Rysdam
Contract for deed needs my social for taxes
Hi all. We sold a house on a contract for deed. Now their tax person needs our social security numbers for tax reasons. I would rather not have my social out there on every tax form of every person I sell to on a cont...
Vicki Gleitz
tax question
we own a brake and alignment shop. paying double on social security, as you all know, is rough. we have also been renting out our house in Bennett. we had a little plumbing problem that caused some damage last year....
Cole Davis
Background Checks without SS Number
A prospective tenant with (great credit / clean background) of ours has a roommate that is here on a work permit. He has a Tax ID number but no Social Security number. Our current tenant screening company can only sea...
Christian Beyer
Renting to Illegal immigrants
I'm not sure if this has been touched on previously but it recently became an issue that I never planned on dealing with.My business purchased a duplex back in November, and one of the tenants picked up and moved out ...
Alan Phan
Advice: Purchasing a Home for my Parents advice
Situation: My wife and I purchased our first home, new construction in 2021. We want to purchase my parents a home to move them out of their current place where they are renting (both parents are in their early 70's)....
Christopher J Smith
Direct Booking Guest Screening
I am setting up a direct booking website and I am looking into ways to screen guests. Is anyone using Chekin, Superhog, or Safely?
If so, how well has the software worked for you?
Have you gotten any feedback or ...
Micah Kohls
Lender for borrower with no SSN (just a taxID)
I’m the seller. A buyer has approached me that does not yet have a SSN. He is a contractor. He has a Tax ID. How or who can get him prequalified to buy of he doesn’t have a credit score??
Bonnie Low
Background checks for foreign students
Well this is a new one for me so I'm wondering what others have done. I have a prospective midterm guest who is an international bible college student wanting to rent our MTR from July - December. She is in the final ...
NA Mass
S Corp Election or Not: House Flipping in MASSACHUSETTS
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Michael J.
Buy, Fix, Sell, Rehab Tax Burden Question, Rates?
Hello,
Just wanted to ask this to make sure I understand the tax ramifications correctly before venturing into a buy, fix, sell property.
If I owned the property and sold it in under a year, lets say...