HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Hello fellow members! I recently posted “To Evict, Or Not To Evict?”, and I have ultimately decided from
the responses to begin the Eviction process. How do I begin the Eviction process? Will an Eviction go on my ‘rec...
I have a tenant who is almost 1 month late on rent payment. Got a call from her saying she can no longer afford and will be moving out in a couple weeks. She is seven months into a 1 yr lease. How should I handle this...
Hello,I currently live in an apartment. Someone is "talking" about filing charges against me and perhaps suing me in the near future. I haven't received a summons but the person is manipulative and aggressive in natur...
Hello everyone, new to RE investing and looking to create a LLC. What's the best way (and economical) to set up LLC? My accountant? Attorney? Can I use Legal Zoom? I got a quote for $695.00 from an out of state acco...
My partner and I have in the past filed taxes separately and we have separate personal bank accounts. This has made it pretty clean to do the loan applications, as we are getting each of our property loans in only one...
I am interested in buying a foreclosure at auction which has been postponed a few days due to BK. The homeowner has a case open still, but the automatic stay was lifted on a motion by the bank. Additionally, the ho...
I am an out of state investor (live in CA) and currently invest in two different states (outside of CA). I created a Wyoming LLC and would love your thoughts on the following:
- Do I need to foreign file in each of t...
I have a foreign investment house and I sold it recently, how do I report the sale to IRS now? I don’t want to wait till Apr 2021 and pay a whole bunch of penalty for not withholding enough tax due to this capital gai...
I've been looking at probate leads lately and I'm trying to develop a list and a pattern for obtaining the list but I have a few questions that I can't seem to find the answers to.. let me know if you can help.I get t...