How do you buy and hold investors out there handle security deposits in PA -- or other states that require deposits over a certain limit ($100, in PA) be placed in true Escrow Accounts?
My dilemna is such: th...
We were just notified by the 2nd mortgage bank that our SFR rental has a balloon payment of $29K due at the end of the year. This throws a money wrench into our finances for the next few months as we have a short sale...
I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...
Hello,Has anyone rented to an expat before? I have a furnished rental and have ex pat applicants. What are some ways to safeguard myself against risk? Thank you!
What is the tax rate on an assignment fee received from Title?
Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...
This is from an email I received this morning, July 6, 2011. If it is not appropriate here, please delete it. Thanks. Ofgift
“The Constitution is not an instrument for the government to restrain the people, it is a...
Shopping around for fix rate cash out refinance by profolio lending. I don't know why couple local bank only do adjustble rate for profolio lending in florida
We have an open rental. Our rent is $750. We had a senior citizen apply for the unit. She is on Social security. She makes enough from social security to cover rent and the utilities, but not enough to cover three 3 t...
We are just starting out and hope to get our first flip property in a month or so. We established an LLC in our state but do I need a federal tax ID if I want to set up a bank account just for the LLC?Thanks for any ...