Dean Letfus
Withholding tax on foreign owned LLC doing flips
Hi everybody. I wondered if anybody on here has had a similar issue to one we are trying to solve?We flip homes in the USA and have a single member LLC, 100% foreign owned for this activity. UP until this year the dol...
William Sageser
Acknowledment of receipt of Hud1?
Exactly when do I present the Seller with a copy of the Hud 1 and then have then sign this acknowledgment receipt document? Here In Colorado we have a 3 day right of recision prior to me getting a POA or deed, or payi...
John Schinner
Cincinnati networking gathering
Anybody aware of any REI meet ups around the Cincinnati area in the near future? Would like to connect to other local investors of any experience level.
Reggie Smith
Which States Require A License to Purchase Notes
Wanting to compile a list of the states that require a license to purchase and or service notes. I believe the following states require a license to purchase or service notes...please feel free to correct me if I'm w...
Chris Orcutt
Estimating Expenses of Rental Property in Inflated Market
Hey folks,I am hoping the community can provide some insight on the best (most accurate) way of estimating expenses (excluding mortgage payments) on rental property. I am aware of two methods for estimating expenses: ...
Cassie Chun
Depreciating a Fix & Flip Property
We purchased a SFH in August 2019, fixed it up, and sold it in January 2020. It was never rented during the time we held it. My CPA reported depreciation on my Schedule C. She said we should depreciate the property be...
Rohit Sharma
Property Tax start and end date??
Hi,I got my first property tax statement from Colin county TX after I moved into brand new house (in May 2018). The statement stated as 2018 property tax, so does that means the property tax amount is for all 12 month...
Sherry Phan
Help me analyze this mobile park deal!
Hi everyone!I'm looking at a mobile park located in Victorville, CA and I need help analyzing the cap rate along with any tips or suggestions:- Mobile park with 366 units, currently 350 are occupied & paying rent-...
Account Closed
Need to note at closing
Hi all,This is my 1st time closing the multifamily. What should I be aware of at the closing date? What should I bring to title company other than IDs, cashier check? Should I ask the title company about pro-rated ren...
Louis Trinca
Hello Everyone!
Hello,My name is Louis. I'm a rookie at this whole process so I'm just introducing myself to the BiggerPockets community. Please feel free to checkout my profile for more information on myself and feel free to add me/...