Brandon Shindler
Out of state buy and hold
Curious if anyone has any experience in absentee buy and hold SF rentals with a turn key management company? Also interested in Chicago market as we live in Florida but my wife's family is in Illinois. We travel up ...
Jason Turo
Rental operations under an entity (LLC, etc)
Would you share your knowledge and examples of operating rental properties under a business entity (LLC), compared to owning them personally? Please address within the following topics and any others you feel appropr...
Jose Guevarra
City Fees and taxes on New multifamily dev in Stockton
Hi,I have a seller looking to sell an entitled 190+ unit multifamily parcel. I'm trying to add up the costs of development. I'm wondering if anyone knows what city fees, permits, and taxes (school, water, fire) will...
Adam Christopher Zaleski
Re-fi on Rental. What transaction fees are tax deductible?
If you do a cash-out re-fi on a rental property, what fees are tax deductible? Which fees are not tax deductible?
Sean Wilt
Do I pay Sales and Occupancy Tax on cleaning fees?
I know I will have gross revenue from rentals for income tax purposes which would include cleaning fees collected. For income tax purposes, I know I can deduct the actual cleaning costs so that portion of revenue bec...
John Birch
Does VRBO charge renters a fee for making tax remittances
The taxes in my area are 13.5% on the rental amount. However, I notice that the amount that they claim to be remitting to be 15%. That is,1.5% higher than the actual taxes due. Is VRBO charging renters a fee for makin...
Desmond Vehar
CA Tax Deed Sales - Are HOA fees are wiped out?
I've be researching a lot about CA tax deed sales. I'm want to know if HOA fees would be wiped out if I were to purchase a condo at a tax sale?If possible please link to a resource stating the laws.
Jake K.
Wholesaling Fee Income- What Tax do you need to pay?
Basics: On a typical wholesale deal, for example someone gets their first deal done and makes a $10K assignment fee, (and doesn't do a 1031 exchange). Is there a basic tax rate that he will have to pay at tax time or ...
Jim Witten
Taxes on RE Income through an LLC vs Finders Fee?
If I brought a property to someone in California, and my intention was to setup an LLC with the person where I get $10K (for example) from the net when it's sold. But they just want to pay me a $10K finders fee upfron...
Paul Stewart
Closing costs in New Jersey and Atlantic County Atlantic City
So i'm about to make a offer on a property in Atlantic city. I own a home in New York. I have been told by several people in Atlantic city (real estate agent, home owners other investors) that in NJ at closing you onl...