Hello BP friends,I’m having trouble figuring out how to recognize my historical lots. Did anyone of you ever tried to do this in King County of Washington state? My property is outside of city limits. Please share you...
Greetings I'm having a hard time getting solid info on what I think should be a straight forward question. I'm a US Citizen now residing and working in Canada (Vancouver). I moved to Vancouver in 2012 and had purchase...
Hello BP,I have multiple rentals ,which I manage via 2 LLCs . Due to an error in my property management software, the rent from one unit owned by LLC A ended up being credited on the account of LLC B. The 2 LLC have n...
I was wondering what method folks use to value their in-process partnerships on deals they're working on when they submit their PFS to lenders. Things have become quite complicated to account for lately with all o...
Is there any difference between reciprocity and mutual recognition and is it true California, being the big state it is in itself like its own country, has ZERO reciprocity with all other states?!
This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...
Hi there,
For Canadian residents, I was wondering how the CRA treats accelerated depreciation income and 1031 exchange of commercial properties held under a C-corp in the US? Lets use a case study:
Property purchas...
I have talked with 3 different traditional mortgage brokers. I have been told different things with proceeding with a conventional loan through them. I'm in North Carolina, and purchasing a a home in this state.- Le...
https://www.wdrb.com/news/loui...
Would you agree or disagree?