Brandon G.
Selling Owner Financed Property Above FMV?
So I've heard that it's not uncommon to sell an owner-financed property at a premium (usually around 110% of FMV). However, I ran across a few posts here on this site that assert that this practice is in violation of ...
Ola Dantis
Business Formation Attorney to Advice on LLC or Corporation
Hello everybody, I was hoping that someone could refer us to a really good Business Formation Attorney here in Maryland or Baltimore, MD. We need someone who can advice us on our different options and help us form a c...
Michael Vilasi
Sending 1099 without formal registered business
Quick question and help needed from the tax pros/gurus in the audience. Thank you in advance. I have two long term rentals. I am not set up as an LLC. In 2023 I paid one contractor slightly more than $600 for HVAC w...
Matt Yarrington
Recommend a CPA in North Carolina?
Hey, CPA's here are busy and turning away new clients. Looking to establish a relationship with a CPA in North Carolina to handle rentals, AirBnB and commercial properties. Anyone have good recommendations?
Robert Burns
Best Way to Handle Prohibited Transactions
What's the best way to handle prohibited transactions in an IRA, ie, mistakenly taking monthly lease payments and claiming as income and paying taxes on that income. What should I do to resolve past prohibited transa...
Wayne Swenseid
Retirement
I am suggesting for your 100th podcast add a fifth famous 4 question.How long is it going to take you to retire, or what constitutes retirement for you?And how much wealth would you need to accumulate to retire?
Ali Boone
Anyone Know an Investor-Friendly RE Brokerage in California?'.
My current CA brokerage that my license is hung with is driving me crazy. There is no simple transaction with them, they are always misplacing my checks, you name it. So I'm back to shopping. The problem is I only hav...
Paul F. Kershing
Converting a rental property to primary residence?
I currently have a rental property with substantial assets gains. Since I will hopefully be retiring within 2-3 years, how can I avoid potential tax consequences? Can I opt to make it a primary residence?
George P.
Interest rate and Seller financing question
I keep finding articles that suggest that the sellers should charge the adequate interest when financing the house purchase.
(Example: http://www.frascona.com/resource/jag808-seller-carry-financing.htm An installment...
Account Closed
Election is almost here
These thoughts have nothing to do with political affiliation or preference so let us try to keep it civil. Plus, nobody really wants to hear it. 😊
We are a little more than 3 weeks away from the Presidential election...