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Results (8973)
Josh Larson Rental Property Investor
18 September 2022 | 2 replies

I’m curious to know if I setup an LLC in a non-income tax state such as Wyoming/florida will I be able to transfer/own property from an income tax state such as Michigan without incurring said states income taxes? Exa...

Donyelle Keith PROPERTY UNDER CONSERVATORSHIP WHAT TO DO?
2 August 2022 | 2 replies

I'm working on another potential deal where the owner informed me that the property is under conservatorship. I looked it up and it stated;
"The Abandoned and Blighted Property Conservatorship Act allows the court t...

Account Closed Charging tenant an eviction court appearance fee?
14 June 2016 | 2 replies

I tried to search this without much luck.Anyone out there have stated in their lease a court appearance fee? Say the tenants don't pay and I have to file for eviction, I charge the incurred court costs to their accoun...

Kristian L. Collateral as a private lender
16 January 2024 | 4 replies

Hi. Can anyone recommend a foreclosure attorney? - Some of the questions I have: As a PML, what is the difference if I get collateral in an investment property or a primary residence. I hear that it can be harder to f...

Mike Whitaker Tax deductions for losses within my LLC
1 April 2008 | 8 replies

Hello everyone, been lurking for a while now. Now I have a question, hopefully in the future I'll be able to add to this forum.

I formed an LLC last January, bought a house to fix and flip in July (could my timing ha...

Isaiah Alofaituli Beginner Investor in Hot Market
20 February 2018 | 9 replies

I'm struggling with the idea of purchasing an investment property in such a high market.  I recently sold my first and only property (single family) which I purchased in 2012 so I may a very good profit on the sale.  ...

Mary Chen investment property tax reporting with multiple partners
24 June 2024 | 5 replies

Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...

David Huynh Turbo Tax 2017 On-line - Reporting rental acquisition expenses
8 March 2018 | 3 replies

Hi, all. I closed on my rental property in January 2018, but I incurred expenses to buy it at the end of 2017. Normally, it's pretty straight forward on Turbo Tax, when the expenses to purchase a rental and the income...

Oscar Tol Inheriting bad tenants during Covid-19
19 April 2020 | 5 replies

Hey BP!
I wanted to get everyone's input on a dilemma that I will be facing. I will be closing on a duplex soon and as part of the deal, I will be inheriting some tenants that have not been the best in all aspects. ...

Wakes Andre Can I use property taxes toward purchasing an investment property
20 November 2018 | 5 replies

Its a time of the year when I need to pay Property Taxes in a few counties. Combine sum for the properties I have is about 8-10 K per year.Is there any way I can postpone paying the taxes and put them toward purchasin...