Exploring LLC formation to potentially manage 3 family-owned investment properties in the Austin, TX area.  Do Texas property managers have to remit sales tax to the State Comptroller's Office?  I've reviewed the Taxa...

Hello everybody, I currently have a SFH rental property in Washington State with about $250K in equity.  I am wanting to sell this property to pay off my current personal residence.  I understand capital gains tax wil...

We are currently in a sales tax audit with the state of TN.  The auditor is stating that it is my responsibility, as STR owner, to pay tax on the service fee that VRBO charges guests.  How could that be possible?  Thi...

Hi all,
I have 2 SFH that I am subleasing out. The owner and I have a seller financing agreement, I pay him monthly and I collect rents from the tenants. I also pay all taxes and insurance. I had been doing this all ...

My grandmother is aging and currently in an assisted living facility. In order to cover the cost of her care, my mother has rented out my grandmother’s home. I am trying to help her put the home in the correct entity ...

It seems that former Sen. Tom Daschle didn’t “remember” to pay $128,203 until after he was picked by Obama to lead the health care reform efforts. No wonder these guys aren’t interested in cutting taxes…the...

Call me a patriotic fool but this is one great country and I often think it's but luck of the draw I was born into it. Happy to pay.
Honor might be pushing it.....
Sharon in Milwaukee

Good morning! I’ll be closing on my first rental property in a few weeks. It’s an owner financed deal and I’m curious to how most people pay the insurance premiums and taxes. Do you find a 3rd party escrow company and...

Hello. I think I’m in a tricky tax question and before I ask someone I wanted to get an insight from members. I refinanced an investment house into a two partner llc which I am one member. We received money and sits i...

Hi everybody,
I am a new investor and just bought my second home on Dec 1 2023. In the closing costs I received one months rent along with tax rebates for the portion that the seller owned the home. I am not collecti...