Burt L.
How Can A Self-Employed Wholesaler Best Present Tax Returns to Qualify For a Personal Residence Loan?
After wholesaling rental properties and being tired of being a tenant again myself - I would like to be able to qualify for a conventional loan. In speaking with a local tax attorney, I was told that 2013 was the last...
What makes a “good” real estate deal in 2025 and beyond? How much of a return should your investment property be producing? Are real estate returns good enough in this tough housing market to beat out other performing...
What makes a “good” real estate deal in 2025 and beyond? How much of a return should your investment property be producing? Are real estate returns good enough in this tough housing market to beat out other performing...
Shannon Duffins
In which state should I file my taxes?
Hello BP! Looking for a little guidance while we gain our bearings in the REI world.
We own a home in Atlanta, GA that has been our primary residence. As of yesterday (12.29), we officially closed on our new primary...
Eric C.
Tax question for out of state rental
If you own property in another state, do you pay state taxes where the property is located, or where your permanent residence is?
Ryan Robinson
Non resident tax withholding
We invest in Maryland (which is where our LLC is registered) but we're considering doing a flip in Pennsylvania. To avoid the non resident withholding tax, do people usually create a new LLC in the state in which they...
Hyeseong Park
Regarding FHA loan
Does anybody know if my father can prove his income to a lender when I try applying for an FHA loan instead of my income?
Also want to know if the father needs to be a US citizen or permanent resident, as my dad is ...
Seidy Lasker
Do nonresident rental losses affect resident state?
Do nonresident rental losses affect resident state income? Also, if had a rental loss as a part year resident of 2 states, would you receive the benefit of the losses where the rental is located to reduce other income...
Kent Estep
K-1 Income Negative, what to report to the state ?
I am a California resident with a rental property in Kentucky.My K-1 total from the property is negative, so I transfer that to my Kentucky non-resident state return. Which results in no tax due. This is my first time...
Michael Medaglia
Proving “Use” Requirement for Full Exclusion of Gain
My wife and I are approaching 2 years of ownership and use of our only home as our primary residence in which case we should qualify for full $500 exclusion of capital gains upon sale. The problem is she is not on the...