So long story short, myself and another person co-own a property 50/50. We hold the property in our individual names. We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership ...
Hi all,
Let me introduce myself. I come from Paris, France not Texas, I am 36, I have recently been transfered with my family by my company (software editor) to the San Francisco area under an L1 Visa for 3 years. I...
I came across a property and taxes for that are low. The seller said he will create a new llc and transfer the property to that llc, then I can buy the llc. This way the state will not reaccess property taxes. Is it ...
I own a two family house in Queens (New York City). This is not my primary residence; it's for rental only. It's fully paid for, but it has less than impressive cashflow. After all expenses, it generates roughly $2...
Hey fellow landlords!How do I charge (keep from deposit) the amount of time it took me to complete repairs after the tenant leaves. Here in Denver, Colorado, I have 30 days to return the deposit and I'm coming up on t...
Hi BiggerPockets,
I’m thinking of buying a piece of property in Detroit, MI (hear me out now) that could eventually house a 4plex. I know real estate investors have some negative feelings about Detroit but there are ...
Hi thereI am brand new here and I am not sure this will be posted, so I am going to make it concise:I have a business that I recently sold for 4 million.I am going to have a large tax bill.I did not sell my LLC, just ...
A bit about me:I currently live in possibly the most expensive area on the planet. It is cheaper for me to keep renting instead of buying here, so I do not own my own residence. I have a high salary day job which I en...