My landlord wants to sell his house this summer while my lease will terminate in the end of the year. Before I renew the lease last year, I have added the following items as an amendment to the lease agreement so that...
My wife and I are being sued in small claims court by our previous tenant for the return of their full security deposit plus travel costs for the tenant to appear in court. The renters left the house in complete disre...
I am hoping a foreign real estate tax expert can help me on the top of foreign mortgage tax payoff gains, also known as section 988 of the tax code.I purchased an investment property in Canada in 2013, and financed th...
Hello,
I am looking for short term cash options for a foreclosure investment. I have 401k from my previous employer( I do have 401k with current employer as well). A friend of mine recommended to do a roll over and t...
(Back ground on the situation before I show the lawyers response/conclusion) I am living in Canada and I'm trying to do my operational and legal due diligence before I go through with the disposition steps of virtual ...
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
Hi folks, A tenant moved into my brand new house and defaulted on two months rent within 3 months of moving in. After multiple promises of catching up on rent, they are now 3 months behind. Because they have 3 childre...
In the Registration section, it ask how we want to be taxed. 1. Sales & use tax, 2. Withholding tax, or 3. Nonresident withholding exemption. Currently we started or LLC as a partnership and no employees. In the n...
I have a new prospective tenant, after reviewing my lease, inform me that he believes I am not allowed to withhold ANY of the deposit for cleaning/ or carpet cleaning.Hes telling me that its wrongful withholding of se...
Hello BP community,
I purchased my first property in September. It's a 3 family home in Brockton MA and the property came with tenants. One of the tenants is a tenant at will and on section 8. The housing department ...