While I'm waiting for my pre-approval, I'm starting to look up fourplexes and simulating numbers on Excel, seeing which are a good deal and which are not from the MLS.Problem is that as a Canadian citizen but non-resi...
Tenant gave me 30 day notice yesterday in conformance with the lease agreement. It was out of the blue, since earlier she said she wanted to extend. She does not want potential tenants to tour the place, because she h...
I am looking to purchase my third property under the house hacking model. This place is in Washington DC and I've lived in the are for a few years.
I have been slogging through lenders and I have finally found two c...
Is anyone familiar with tax filing and withholding requirements in the state of Ohio for house flippers (in an LLC)? More specifically, I’m reading about the two Ohio requirements below for businesses and wondering wh...
Hi all,I'm a non-resident investor and will shortly be buying my first properties in the US (NC in particular). I'm looking for someone that can advise me on the best setup from a tax and legal standpoint.The plan is ...
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax. Usually, the rental income is considered effectively connected with a U.S. trade or business, and therefore, it is ta...
I have long time tenant just moved out one of my rental house properties. I walk through one of the bedroom and smelled marijuana in this room. Since we don’t allow drugs on the property. Also it will cost more to ...
Has anyone used the new CARES act guidelines for 401k withdrawal? It’s my understanding if you qualify, the money withdrawn counts as taxable income but can be paid over the next 3 tax years and no 10% early withdraw...
Team BB,How much money should I hold onto from the sale to prepare for tax time? I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...