I have a probate question for fellow MA investors. I looked up a property using the city's online assessors database, and saw the word PROB #'S followed by 2 sets of numbers. What is the next step to learn more a...
Hi everybody, I hope you guys can help me.
I’m a new REI and I’m assembling my team, but I was wondering if you live in NY and want to invest in another state do you have to get a local CPA in GA or NY? Also, if the ...
Hi BPers,I bought a property under an LLC that I formed. I setup a business account where I deposit all the income in there. I also use the account to pay for debt service, tax, insurance. misc expeneses ....I list my...
I purchased a rental property using conventional loan under my name, under my personal SSN.
I have transferred the ownership to my other LLC (different EIN, not using my SSN) for legal protection.
My question is ...
Texas Statute of Limitations (SOL) Related to Title of Real Property
While not exhaustive, below is a list of liens and judgments along with the Texas Statute of Limitations that may be filed or found in the real pro...
Hi AllHave a friend of a friend helping with taxes/accounting. We have a property in our personal names at closing, then afterwards we moved the deed to an LLC created some months later. However the accountant is s...
I'm a property manager in Austin, TX and taking over a home where the previous tenant caused over $5K in damages and also broke the lease, moved out early and moved to Arizona. I'm trying to provide guidance to the o...
What are the pros and cons of putting a home i ent And I own under my name into an LLC? I know liability is the biggest reason.
Also what are the legal and tax implications and procedures?
Thanks!
Hey Guys,
I'm using a hard money lender that's requiring me to record a mortgage at closing. The mortgage tax on that isn't cheap. On the house i closed on yesterday it was over $800. Doing several of these per year ...
Hey everyone - Wanted to confirm something before filing the taxes for my STR, which is located in Virginia.Am I able to deduct all insurance, taxes, and mortgage interest for the year if my STR was available for rent...