Daria B.
Out of state tax obligation
I live in Florida - a no income tax state. I have a rental in MD that I have to file a state tax form for at tax time.
My question#1 is for those investing in a state that is a no income tax state (Florida, Texas,etc...
Account Closed
Property Tax Appeal Process in Cook and Collar Counties
You may have just looked at your property taxes and were shocked at the amount you are responsible to pay. Property taxes are a significant financial burden which makes it all the more important to make sure your prop...
Tapiwa Wakatama
Tenant moved in so-called sister and left
While setting up a preventive maintenance appointment in early March, the tenant calls me and says 'my sister has been living there and paying rent. I moved out.' She asked if her so called sister can take over when t...
Julie Groth
How do you handle time frames with contractors?
Do any of you use some type of bonus system with your contractors? $x for early completion. Or, a penalty system for not completing on time?Thanks!
Daryl A.
$8000 Tax credit and seasoning question
Hey All,
Few questions..
Does anyone know if they are going to extend the date for the 8K tax credit for first time home buyers?
If not, is there a way people can still get it if they close after Nov 30 but before Dec...
Jackie Patterson
Title Companies role in Back to Back Closing
A good Title Company is essential in a back to back closing. It’s also important that you as the investor thoroughly understand the process, can read and figure out a HUD, understand the requirements of an approval...
Jessica Cruz
Tax help!! First time LLC
Hello!My father and i formed an LLC in March of 2016 to flip houses. We purchased a house to rehab in September and sold it this past February. Our LLC is classified as a Partnership with the IRS and says to file a fo...
Tim Watkins
Need a new accountant. Kansas LLC with Kansas and Iowa property
Looking for an accountant to do our LLC taxes. We were just informed by our California accountant that he can't help with our Kansas LLC. We wish we were informed sooner as we are now in a hurry. We have 2 properties,...
Ethan Bruland
Self Directed IRA
I've read through some posts, but I can't seem to find the answer to my question. I am a real estate investor concentrating on buy and hold properties. I am intrigued by the self directed 401k. I currently max out ...
Account Closed
How to handle Landscaper who took advance of 10k 5 months back and finished maybe 2 %
Hi All,
I am currently stuck with a landscaper for 5 months who is not finishing his work as promised. Here is the situation:
We hired the landscaper mid december 2023. At that time he said the project will be done ...