Bryant T.
TEXAS - Sales Tax On Rehab Labor?
Hi All,I got an estimate for rehab work on my Duplex in Texas and the contractor is claiming Sales Tax ~8% on the labor. Is this allowable? My gut says no and apparently so does the Comptroller of TX:"Labor to repair,...
Aulana Smith
North Carolina Wholesale Contracts
Does it need to be notarized, have a state seal or some other identifying mark? Is there anything you can look at on a contract that would make you say " that is not valid in NC"? Thanks
Ryan Lesley
Tax Changes 2023 (Federal/Colorado)
Hey BP Nation,
This might be stale news to some, but I just wanted to share a few tax changes I have been sharing with my clients and thought was interesting. As the title reveals, they are Federal changes with one ...
Pierre Ligon
Have You Seen The New Wholesaling Regulations In Kentucky?
Here is the regulation.
Amend KRS 324.010 to redefine "real estate brokerage" to include advertising for sale an equitable interest in a contract for the purchase of real property between a property owner and a prosp...
Chris DiMaio
How to transition from mobile home rental to lot rent?
Hi BP Team,
I have a 1 acre lot with a 2b 2b mobile home on it that I currently rent in NC. The mobile home is personal property not real property. I have decided that I would like to sell (owner finance) the mobile ...
Veronica Sandoval
Looking for property management in Sacramento Ca.
Hi- Im looking for property manager to manage my rental in Sacramento. Does anyone have any recommendations? Thanks.
Anastasia Jordan
Protecting properties in the event of divorce.
How does an investor protect themselves and their properties from being ate up in a divorce?My friend who is a lawyer said that if you are behind $1 (one single dollar) a lien can be placed on any real property in you...
Agata Ebona
Quit Claim Deed Distressed Property
Hi everyone, I'm a new member as well as a new Real Estate Investor based out of San Diego Ca.I just have a quick question.I have been driving for dollars and found a great flip and fix real property project.My husban...
Julio Gonzalez
Top 9 Agriculture and Farming Tax Credits!
Agriculture is an industry that has many tax benefits available to those who invest or own/operate farms and ranches. Here are what I would consider to be 9 of the top tax credits available.
Cost Segregation Study:...
Gregory Hill
REP Tax Status as Home Inspector
I’m a professional full time home inspector with rental income properties. Haven’t been able to find definitive answers on if I would qualify for real estate professional tax status under my profession. I know this is...