I am looking to startup two LLC's. One for my investment partner and I to purchase and hold rentals. And one for myself to wholesale properties, and maybe own a few individual properties.
My questions are, what is t...
If I do an a to b then a b to c short sale with my LLC being the B and I don't receive proceeds from this transaction how can I avoid being taxed? Once again I wouldn't receive any money from this deal just trying to ...
Hello everyone,
I am moving forward on a deal that I am starting an LLP with. I have much to learn and I am excited to learn as I go, however I am really looking for someone who can handle the taxes for me for the pr...
Hi, I am in need of a California-based estate / Tax attorney. My client has dozens of California and non-CA properties. Given his estate planning needs, he is also unmarried but is considering getting married if it ma...
Looking for someone out there with some Canadian tax experience. My wife and I purchased our first rental property in 2016 and are wondering who should claim it on their taxes (Everyone files individually in Canada, ...
Hello,
I currently have five SFH that I rent out full time in Minnesota. I recently purchased a lake cabin (6 Bed) that I intend to VRBO. None of the assets are in an LLC, so I am directly responsible for taxes.
...
Hello to my new BP team,Background: I'm a Chicago native, I come from the IT sector (8 years), jumping ship and getting my feet wet in real estate investing full time begins now. Goals: Near-term, I'm looking to g...
What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks? This would be our first rehab and we may do one or two more this year. Does that fall into the "investment" category with a lower ta...
I am part of a joint ownership structure on a large multi family property, several of the owners have used 1031 funds to join our project and we are wanting to roll that project into 1 LLC, with all of the original ow...
In the forums, I've seen some confusion about how affordable housing is defined. For some it means anything below market rate and for others it means LIHTC or Section 8. From a lending perspective, affordable housing ...