New to RE Investing and have been keeping up on the latest financial situation(s) regarding Fannie and Freddie. I already have an LLC set up and would like to start building credit, so in the future I can avoid rules...
NEW form 1099-NEC replaced 1099-MISC for contract labor THE DEADLINE IS FEBRUARY 1st! When, where and how?
The short answer is: obtain form 1099-NEC, fill it out, and mail “copy A” of that form to the IRS and to ...
I have a few properties that are rentals. I just paid an accountant to do some back years tax inome filing and this year. All the finacials were given to him on spread sheets. My question is about $1300 per year f...
How does one put a lien on a persons home ? Can you do it yourself or would you have to hire a lawyer ?
Hi there! If a tenant's belongings are damaged because of a large leak in the roof top AC unit which is obviously the landlord's responsibility... Who should file an insurance claim? The tenant under their renter's in...
Hi all,I will be creating an LLC in the next few days and will be filling in the state of Rhode Island. I've been in contact with an attorney and a few accountants as how they recommend I file, but wanted to ask seaso...
Good morning! Great to be here.
Just obtained my first LTR and did a mild flip to improve some cosmetics. Before I advertise it I need to clear up some confusion so I can start on the right path. I realize the LL...
I’m in the works go setting up an llc for fix and flips for asset protection, up till this point Ive been set on doing a single member llc since I wont have any partners. I’ve been reading Loopholes of Real Estate and...
I used Incfile.com to file my LLC. They used an address in a different city when they filed my LLC. All mail and correspondence will be going to this address and forwarded via email and if necessary, physical pieces ...
If I invest a multifamily through a Roth IRA, will I still receive the same tax benefits as I would with personal cash when I file my tax return? Will I lose depreciation deductions if I use Roth IRA fund?