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Results (10000)
Andrew D Hansen 2nd property (2nd home) not a rental regarding if closing costs are deductible
17 January 2023 | 1 reply

Are
all closing cost which includes Realtor's commission, title company
closing cost, city tax and hos for condo fees all deductible?
This was not a rental and pls be detailed in answer. Thank you.

Asher Carr Covering Closing Cost- Who pays for what?
3 September 2018 | 6 replies

So i'm writing up a contract to buy a rental property. I was wondering what others do with the closing cost portion. What closing cost should buyers and sellers cover? I would like to cover the cost but I didn't reali...

Davit Gharibyan Management LLC is unnecessary for self-managed properties...
12 May 2023 | 7 replies

Currently I have a holding llc and a management llc. I own both. I was doing my taxes and my and my accountant suggested not to use a separate llc for my pm company. He explained that it is unnecessary and generates e...

Jonathan Tavarez Mortgage fees review/advice for investment property
26 September 2017 | 6 replies

Hi all,I'm trying to purchase an investment property in Baltimore Maryland for a price of $72,000 in Baltimore Highlands.  When I was playing with some of the numbers my impression was that with a down payment of 20% ...

Leigh Ann Smith Guest Fees: AirBnB vs. VRBO
7 January 2019 | 10 replies

The formula for calculating guest fees on both of these platforms is far from transparent.  Have any of you worked this out?  Which platform offers the lowest guest fees?

Jerry Poon Resident of CA with IN LLC. What out-of-state LLC fees do I owe?
16 February 2016 | 31 replies

I have an LLC in Indiana for my investment properties. It was set up in the last quarter of 2015. The physical address is in Indiana, but the mailing address is in my local area. Can someone with experience and/or kno...

Connor Heim Lumping Closing Costs???
29 January 2019 | 2 replies

Howdy friends!  in 2008 I purchased my first three properties -- boo yah!For accounting, I have quickbooks self-employed (I was already using this for my FT freelance biz).    I am trying to be very on top of my trans...

Glenn Martin Need Mortgage Advice
8 August 2019 | 5 replies

Josh Corby Wholesale Fee Taxation
24 November 2021 | 1 reply

Hey Guys, quick question regarding the taxes I will pay on wholesale fees.      I plan to have a separate SMLLC for my wholesale business. This LLC will be taxed as a sole proprietorship starting out. What are all the...

John Carbone Sevier County STR State and local taxes
30 August 2022 | 14 replies

I definitely need an expert opinion on this from a veteran in this market. From my understanding, the total tax paid should be 12.75 percent, and what I read from older posts was that 9.75 percent is collected, but ho...