Hi all!
Just got a great deal on a place in Raleigh, NC, cash buy. Just got a quote from the RE agents recommended law firm and I’m looking at nearly 3500 in closing costs, more than half of which go to the attorneys...
Hello Would the capital gains tax happen on the amount after the mortgage is paid off and subtracted the initial invested fund? For example, if a property was purchased for $100k and mortgage $70k and invested $10k pl...
Hi all,Im currently holding a property under an LLC last November. I hired a CPA to do our taxes and bookkeeping. Recently, he sent me an invoice for all his services. It was about $550 for the tax returns, which is q...
Check out these states competing for corporate business and registration:
https://www.myusacorporation.com/articles/delaware-vs-nevada-vs-wyoming.html
My state did away with franchise tax a while...
Hello BPs! How much is the closing costs in general in PA? by county/area etc.
I am buying my first home which is a duplex in Short Sell for 72,000 dollars I am putting down the 3.5% for the FHA requirments....I am going to live in one side and rent the other side which will almost cover the com...
I am working with the neighbor to sell a Tax Deed (vacant lot) in CA. The neighbor has requested escrow. Chicago Title will process the Grant Deed and has given me a quote of $700 for escrow service. Is that the go...
Hi all,my husband and I are in the process of settling a Short Sale purchase in Maryland. It's $99k purchase price with Seller's side covering legal and title transfer (provided we pay $3,500??).Our lender has come ba...
I've recently formed an LLC in California. I want to make sure I understand this tax payment thing properly.For Federal taxes, I know that there is a $800 minimum annual franchise tax in addition to LLC fees based on ...
So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...