I have a client who would like to buy a multi-family and STR property in Colorado and apply tax segregation rules before the end of year.But they are claiming that in order to that, the property must be vacant? Is t...
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
Hello, I'm a real estate investor, and my partner and I own a decent amount of properties in PA, and we are looking for an oit of the box thinking tax advisor that will help us to do tax planning, reduce the amount of...
Newbie question here.I recently had a home to sell, since no one was living in the home the homestead exemption did not apply. Taxes went from less than $500 to over a $1000. How would you know this, most website show...
Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!
Hi all - I'm just starting out my plans to invest in a rental property. I've built a pretty good model, but I'm trying to figure out one key aspect around taxation. For my example, let's assume the following year 1 pa...
Hello,I’m seeking help due to Covid-19, for non payment of rental in Baltimore County, MD. I had a tenant that was finally evicted, that currently owes me in excess of $40,000. Property is located in Maryland, Randall...
Beneficial Ownership Information ReportsAre they actually going to fine people $591/day for being late? Or all together forgetting? I just did one for an entity I created this year. It has been 89 days since formation...
I am very interested in pursuing seller finance deals and really like the idea of aiming for 0% interest (or anything under the AFR for the purpose of this post). That being said, I never want to do anything unethical...
Whats the difference between assessed value and appraised value on a property?