Will Rodgers
Contractor or Good Handyman tax liability
HI All,Alright, I have read J Scott's book and am aware that you want to hire someone who is licensed and insured etc to do my labor for a flip... But I know someone who is really good at rehabbing but is not licensed...
Brennan Butler
Increasing W2 deductions to prevent getting a refund.
First off, I’m not trying to do anything illegal I’m just asking if this is a plausible scenario.Also, I believe my title should read dependents instead of deductions. Sorry. I have a W2 job and one rental property. ...
Chintan Ce
Am I impacted with FIRPTA
Hello BP members,I am trying to buy a property from a seller who is not local and is based in China. They (through their agent) have sent me a "Sellers Affadavit of Non Foreign Status" form that says they are exempt f...
Dallas Waldon
Anyone Know About the Tax Implications of a Foreign Contractor?
We hired an independent contractor from the Philippines through Upwork, but they withhold her payment for weeks and take a hefty percentage of her fee. We want to work around this by paying her directly, but I'm worri...
Account Closed
Am lost on taxes and accountant seems too busy for me
With year end getting close I am trying to figure out what to do with my businesses to minimize my taxes. Cash is king. Can someone please help me. The online tax calc seem to not line up with my calculations.
...
Aric Adams
Tenant wants to add insulation
In Atlanta GA...Tenant complained that the heating units in the property were not working properly. I sent a tech out to check on the heating units work fine. The tenant claims that the tech mentions that the propert...
Account Closed
How do my husband and I pay ourselves in an LLC
Complete newbie here! My husband and I just started an LLC. We are each depositing the same amount as capital contribution so that our ownership is each 50%. My questions are: 1) How do we pay ourselves once we have m...
David Fernandez
Foreign Private Money Lenders
Hi,I have access to foreign private money lenders (people with money that have invested with me in the past in Europe). Now I am investing in the US and a few of them have offered to lend me money at a set interest ra...
Berridge Thomas
Consolidating IRA funds
Hello all! I am in the process of searching for a rental property and am getting my finances in order to be able to make cash offers. I have an IRA account from an old job. I no longer contribute to the account, so it...
Jessica Bridges
Need tax advise regarding Foreign Investors
I have an agent that brought a Foreign Investor to our management firm. I am not familiar with the tax rules on this. She withheld 30% of his income, he is stating since he has a US bank account that we should not wit...