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Found a couple posts from a few years ago but wanted compare to see if responses have changed.I'm in the process of hiring a property management company for the first time. They require that I add them as additionally...
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I am not sure how to ask or propose my question, but I invested with a big pool of investors in a large apartment complex in San Antonio. I just got a K1 form and it shows a huge loss. Do I file that on my tax returns?
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Hi, I'm planning on investing in my first buy and hold in the next few months, but one thing that I could not find a concrete answer on these forums is how to enforce fees on a tenant? I.e. if a tenant is late on rent...
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Bare with me...
Key facts:
Shane bought a home in 2006 with a Countrywide mortgage. Countrywide recorded their lien using the incorrect 'legal description' of the property.
Shane stopped paying his mortgage somewhe...
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If I do a subject-to for deed at closing, and insurance and taxes are included in the mortgage payment, does the owner cancel the insurance policy? And would this not affect the monthly payment?
I doubt the bank will...
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For those of you using outside PM, do you have a clean or automated solution for aggregating your PM books with the stuff you pay for yourself (insurance, taxes, mortgage payment, admin costs, materials, travel, etc)?...
I'm researching doing a wraparound deal in TX. I don't have a lawyer yet, but I already have two pages of questions before wading into something that is new, risky, and unknown territory for me. The question that just...
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I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.
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Not sure if this is the right category, but I would like some input. I have an LLC from my pet care business that I recently closed. The accounts are empty yet still open and the LLC is still in good standing, so cou...
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Hi BP!I have some foreign investors that are looking to invest in some real estate in Washington, would someone be able to provide me some insight as to how they would accomplish this and the tax implication they migh...