David Pimenov
Cashing out in dubai
If a u.s. citizen lived and worked in dubai for only one year and then cashed out like 1.4 or 1.6 billion usd even if such money was clean and legitimate, would this amount arouse suspicion once back in the u.s.? Up ...
Brian Walters
Real estate with W2
Hello everyone,My wife and I are going to be starting new jobs. We are in our 20's and we will both be W2. We will be very far into the 39.6% federal level. We were interested in real estate investing to help offset t...
Jose L Medina
Looking For Pre-Foreclosure Lists
Hello, looking for Pre-Foreclosure Leads (Name,# , & Address) who would have the best data??
Susan O.
Tax Writeoffs Out of State Property-
We reside and pay California tax. We have rentals in Ohio, Hawaii and Nevada now. For travel expenses we have racked up a lot of expenses on a property in Hawaii. For the Hawaii duplex. We legitimately have been fl...
Donald S.
SDIRA UDFI tax question
Hi all. If I open a SDIRA rolled over from my TSP, about 66% traditional and 34% Roth if that matters, what tax hit am I looking at if I use the money to purchase by and hold rentals, using debt financing? For easy n...
Account Closed
Should I pay the taxes owed to buy a house - $14000
I have an opportunity to buy a house, but the current owner owes $14,000 on the house. I could probably buy the house for $40,000 to $50,000 (not including the taxes) and the place probably needs about $20,000 - $30,0...
Marvin Song
Tax deductions on partnership return for out-of-state investors
Hi Everyone!My wife and I live in NJ but own rentals in Indiana managed under IN LLC and its parent WY LLC. We are members of WY LLC with 50-50 ownership. My CPA says 'since both rentals are in another state, it is di...
Alyssa K.
What paperwork do you require for self employed applicant?
Have an applicant that looks good on paper, met them and like them a lot. Young family. He makes good money (hardscape), she’s a stay at home wife with a baby (she’s a permanent resident as of last month). They were ...
Account Closed
Turn Key Tax Lien/Deed Services
I'm curious to know if anyone knows of any national and / or local tax lien services that offer a turn key sales solution for those wishing to invest liquid cash or self directed IRA funds into tax liens / deeds. Any...
JC Johnson
Rental lease tax strategy
My client has a paid off house in an affluent neighborhood in a nice suburb of Las Vegas. It is a relatively luxurious place and could rent for a significant amount. He is considering leasing to his son, who is in a...