Account Closed
Any good real estate tax attorneys out there?
I've got a tax question so I'm wondering if there's anyone that's either a tax advisor (meaning you do it for a living) or anyone who's filed and claimed for a section 179. Be ready because any responses just might p...
Eli Kallison
California Tax Sale: Deed of Trust with Assignment of Rents
I am doing some title research on property in California that is being auctioned by the county due to non-payment of taxes. This California State Legislative code outlines which encumberances will survive a tax auctio...
Mary Eubanks
Vacation/Second Home Lending Requirements
Any lenders out there require less than 20% down payment for a secondary or investment home?
Brandon Klunder
Buying before EIN complete?
Hello everyone!My partner and I are really itching to get things going with our real estate journey. We are waiting on our EIN to arrive as we have every thing else in place. Is there buying process that we can do or ...
Scott Johnson
Husband and wife LLC. Single member or not?
In setting up my LLC in North Carolina (a community property state) is it preferable, for tax reasons, to set it up with only one of us as a member or both? My CPA says it is better not to have things set up as a par...
Michael Plaks
IRS update: customer service and technology improvements
While the "service" part of the Internal Revenue Service has always been lacking, there're some welcome improvements recently:1. The huge backlog of unopened mail, dating back to the beginning of Covid, is getting sma...
Christine Garnier
Recording Quitclaim Deed Tax Assessor Alabama
I am running into an issue and I can't find the answer to my question. I bought several land lots in Jefferson County from a reseller in Alabama and he sent me a copy the Quitclaim Deeds for each property, by email. H...
Bill Exeter
IRS Issues Guidance on 1031 Exchange of Vacation Homes and S
The Internal Revenue Service has finally issued guidance to help taxpayers understand when a vacation home or a second home may qualify for 1031 exchange treatment.
Revenue Procedure 2008-16
The IRS issued Revenue ...
Jose Guevarra
Legal structure for non(not) for profits to hold real estate
Hi,I'd like to help local non profits acquire real estate so they can have cash flowing assets that help supplement their income. My hope is to help them identify, acquire, rehab, then place 3rd party property manage...
Crystal Tynan
Treasury, IRS issue proposed regulations on new Opportunity Zone
I wanted to share this article...IR-2018-206, October 19, 2018WASHINGTON —The Treasury Department and the Internal Revenue Service today issued proposed regulations and other published guidance for the new Opportunity...