Selling real estate in south carolina and not a resident but there is a withholding tax (7%-10% of the gain) If the gain is $10,000 are they withholding the whole amount or just 7%-10% at the time of the sale? What is...

I am sorry if this is not the right place for this. It may fall under a general contracting forum. So here’s the story, a few years back my Mother built a beautiful dream house down the hill a bit from us in a really ...

I just sold my third fix and flip. I’m now sitting on 100k cash for investing. Looking to do brrr or fix and flips. My question is, with possibility of a recession/correction should I sit on my cash to see how every...

Hi Experts,
We are three partners buying  a piece of property by forming an LLC.  We would like to sell the property down the lane and each of us would like to do a 1031 exchange on our own with the proceeds. We don'...

Currently 1/3'rd owner in 4 LLCs that each hold a separate single family residence rental.  The 4 LLCs are subsidiary LLCs to a parent LLC. If we sell one of the houses is that considered a distribution and we have to...

Hey!I am looking at buying multiple properties in the midwest. I am a Canadian citizen and resident. Are there any additional taxes, paperwork, or intricacies I should know before I approach a wholesaler to buy some p...

How would my taxes differ if I start an LLC and transfer ownership of my properties to the LLC. Would I have to pay self employment tax on rental income that I get through an LLC? Will I be required to send 1099s to c...

Tax Question, Can rental income from a property owned by a group of investors in an LLP be distributed as dividends? Thanks for the help.

I am getting really close to closing some of my first deals in this new world of being a bird dog and I wanted to know if it was a Good idea or Bad idea to accept a check at the closing made payable to me or should it...

Greetings Everyone,Has any one ever created a self-directed IRA and used it? From your experience, would you mind explaining what you did to accomplish this? I am not 100% sure how it works, and I would greatly apprec...