I am a Canadian real estate investor doing business with the United States but reside in Canada. I want to wire money from my United States business bank account to my attorney's trust account in the United States. My...
We have a paid off rental home held in an LLC that we have a business LoC against (which can be converted to a fixed cash-out mortgage). We are looking to invest the proceeds in real estate abroad. Can we deduct mortg...
Doing my first subject to deal! need to know what is the the tax implications for subject to deals? Who is paying the monthly tax, can I get tax deduction if I lease option out the property?
Hello and thanks for reading :)
I'm currently working on an investment out of state and been in communication with many lenders to find out about all my available options.
Although I have good credit, cash reserves...
I am hopeful this community can guide me. I am listed as personal representative, with my father, on a Letters of Administration (LA) as a result of the death of my uncle. My lawyer said we could execute a deed of dis...
I am planning on buying a small multi-unit property in NE or SE DC by "house-hacking" to make the purchase. My friend (future business partner) and I are looking to raise the funds together and then we plan to transf...
Can somebody clarify the tax implications or advantages of converting a primary residence to a rental and what should be paid attention to early on so as not to pay too much in taxes at a later sale?Specifically if I ...
Hello Apartment Syndicators - How are you explaining the implications of the recent tax reforms to your investors in syndicates? I know the very typical answer is "Consult with your CPA on any tax related issues" but ...
I am looking to invest in single family rentals in the near future. To build some capital, I am going to sell a buildable lot that is part of my primary residence. I know I will start an LLC when I purchase my first...
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...