Joseph Blum
phila.gov/revenue/ no longer shows tax assessments - where now?
How are RE professionals comparing comparable taxes in neighborhoods now that phila.gov/revenue/ no longer displays this data ?
Jose Bu
Gatlinburg STR, Franchise and Excise Tax 6.5%
My lender is willing to close our Gatlinburg STR property in my personal name or in the name of my LLC. I would love to close in the name of my LLC to have less liability. But If I close in the name of the LLC then TN...
Roger Simons
Can the CRA (Canada) tell your city your tax revenue?
If your rental revenue skyrocketed upwards the tax department would obviously know. Would they tell your city and if they did your appraisal might rise meaning your city taxes might rise. (Not what you want!) I was...
Zoey W.
Landlords are now taxed on gross revenue and NOT profit!!!???
1. Forgive my ignorance but after watching youtube videos regarding recent changes about landlords it gave me the impression that "section 24" means that landlords are now taxed on "gross revenue" and not "net profit"...
Adriel Hsu
Texas State Franchise Tax - Gross Revenue based off Sales Price?
Hello,My CPA is saying the gross revenue on whether or not I qualify the $1.23M Threshold for Texas State Franchise Tax is based off sales price, not the profit.For Example:House 1 - Flip:Purchase $400kSold: $450kProf...
Marcus Auerbach
What Ray Dalio said this week about future US economy / ... REI
Ray Dalio is one of the few guys I follow - he built the world's largest hedge fund Bridgewater and wrote one of my favorite books: Principles.This week he commented on the US-Chinese trade issues and the devaluation ...
Jose Bu
Any luck on FONCE exemption for franchise and excise tax of 6.5%
Figured more Tennessee investors would be here to help out.I'm trying to see if anyone as the owner of rental real estate property in their LLC has had luck in getting the FONCE exemption ?
Basically I'm looking to b...
Jeff Brower
What to do first year after purchase: Claim Loss or Claim Income for Future DTI Ratio
Hello All,I am just about to purchase my first SFR or MF buy and hold long term. I have done some searching on this topic and haven't found much so that is why I ask. I would like to know what most of you would do in ...
Paul Roth
Do I still pay taxes if I re-invest my LLC's revenues?
I'm planning on mounting an LLC to start my first real estate investments. My plan is to immediately re-invest all profits generated by the entity, in the name of the LLC, so I pay no taxes on it. I would probably inv...
Devon Cornwall
[CANADA] Entities Questions
Hey everyone,I'm a Canadian investor that is looking to start a 3-tiered corporate structure to enable greater tax savings. The issue I've had is in entity creation and legal rights for funds.My aim is to create a RE ...