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...
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...
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...
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...
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...
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. ...
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 ...
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...
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. ...
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...