Jason Wutzke
Am I Getting Ripped Off on Apartment Shares Disbursement
My father has a share in an apartment complex in Lompoc California. They estimated the value in 2008 at $42 million in which he owns 1.231%. Over the last almost 10 years his disbursements have primarily remained the ...
Gehmelle Johnson
Quickbooks Online Accounting System-suggestions for book keeping for collecting rent
Hi!
I am a landlord located in the DMV (District of Columbia, Maryland, Virginia) area. I have been in the landlord business since 2011 and began using Quickbooks around 2018 for securing rent payments and book keepi...
Maria Zielinski
Buying partner's share of apartment building & limit income tax
I own a multi-unit apartment building with my parents and they are looking to sell their share. I purchased their partner's share about 15 years ago. They have owned it almost 30 years and their accountant is recommen...
Martin Pulrang
Tax implications of a joint Letters of Administration
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...
Avi Garg
Few questions regarding an established SDIRA at Equity Trust
I have a leveraged property in my SDIRA (at equity trust), a note and some cash. My questions are:1. For Equity trust, I need to send a deposit coupon every month with the rental check. Is there any way around it? I a...
Vishal P.
1099 v Payroll? Self Managing Properties
I own various rental properties under a LLC partnership and I self manage those units, what is the best method of writing myself a check every month for property management? Do I issue a 1099 to myself or am I forced ...
Emilie Pa
Which professional to contact for transfer of property
Hello everyone,
My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the tr...
Justin Goodin
6 Incredible Benefits of Passively Investing in a Real Estate Syn
📌6 Incredible Benefits of Passively Investing in a Real Estate Syndication (group investment). 👇
1️⃣ Cash Flow - Real estate syndications typically provide monthly or quarterly distributions which you will receive di...
Peter Leerdam
Land Trust Tax Reporting
I'm looking for clarification as to what are the IRS reporting requirements for pass-through income which is distributed through a land trust to the beneficiaries? Am I supposed to issue each beneficiary a 1099-MISC,...
Greg Cropp
Senior Living Fund, LLC Investment?
Hello, New investor looking at senior housing market to invest via Senior Living Fund, LLC. Any chance someone here has invested with them and thoughts? Thanks, Greg