Hi guys, I just closed on a vacant three-family property right before the holidays. I went there last night and realized that there were two burst pipes, with water gushing from the second floor down to the basement. ...
So I emailed the tax office to try and obtain delinquent tax properties. The emailed me back a link to login and download a bunch of files that are in DAT format. Honestly I don't know what Im looking at or even how t...
I used a Rollover for Business Startup (ROBS) to start my REI business a few years ago, rolling over 401k funds. I fell behind due to personal/health issues in filing the 5500 (3+ years) but my business also did not m...
On Schedule E, what constitutes filing taxes as a "Real Estate Professional"?
Do you need to be licensed, agent or does it apply to a regular RE investor (non LLC)?Would you please post any government links from th...
I'm
about 90% completed with my detached ADU project; however, when we had
our plumbing inspection done by the city they approved PVC piping from
the ADU to the street (sewer lateral). However a neighbor made a...
I know a few investors that have never filed 1099s with contractors. They claim to either play dumb (thought it was a C-corp) or just never file. One guy has never filed in over 10 years and never a peep from the IRS....
Hunterdon NJ man accused of $1.5 million real estate fraud scheme (mycentraljersey.com)
Multifamily operators, you no longer need to stress over filing annual tax appeals.
In this article, we'll walk you through the steps to successfully navigate the process in any market. Let's dive in!
1. Research ...
Anyone ever had a seller begin dragging their feet, well beyond the target close date? I (end buyer, not a wholesaler) have a duplex that I entered into contract on in May and the seller and agent are becoming non-res...
Tenants I just evicted completely maliciously destroyed my house from taking kitchen cabinet doors, shower door, lighting fixtures. fridge, broke windows and more but the worst was writing in permenant marker vulgar a...