Rachel Hester
Newbie Question on Tax Sales in TX
Hi,I am still a newbie, trying to navigate my way over the hybrid tax deed process that is in place in TX. My question is for EOS/EXE type sales (which I gather to mean other tax delinquencies other than property tax...
Jonah Kolsrud
Solar Panel Use for Tax Advantages/Cash Flow on Rentals
Hey BP members, I was doing some research on tax advantages to switching solar in South Carolina for rental properties. From what I can see there is both a state tax credit (25% of the total system cost up to $35,000)...
Brian Law
How to setup a real estate investment company in Ontario Canada?
How to setup a real estate investment company in Ontario Canada to attract foreign investors?My business partner and I have been purchasing properties since 2008, mostly single family dwelling and some 2-6 plexes in O...
Varun Parkash
CPA tax filing mistake creating issue with underwriter - HELP !
Sorry for such a long post but details are criticalNeed some guidance regarding my friends situation. He will loose his deposit and all loan fee paid if he did not get this loan approved = 2K (loan fee non-refundable ...
Josh Smith
Taxes: WFH expenses California CA 540 -> Form 2106
Hi,
Any thoughts on filing Form 2106 as part of California Form CA540 line 19 “Unreimbursed employee expenses” for WFH expenses? WFH means utilities, internet, phone which I use towards office work when working from ...
Carol McCulloch
Does a solo401k file a state tax?
Hello,I have been doing a lot of reading on the forum about the solo401k. It seems the entity only files the Federal form 5500 or 5500EZ if the value of the solo401k is over 250,000. What about a state return? If the ...
Joe S.
Filling out a W9 form to receive payments
Hello BP,I have a prospective tenant that have applied and their insurance company will be paying the rent since their home had a fire. I have received a W9 form from the insurance to fill out. Is that normal ?Thanks!
Cynthia Walker
Tax Liability for Private Money Lending
Is an out of state private money lender taxed twice on the interest income? If so, what are some ways around that. I have someone who is interested in investing in one of my projects who lives in Illinois and I am in...
Scott Yanta
Series LLC & BRRRR Questions from Rookie Investor (Illinois/STL)
Hi All,Loaded subject line, but here goes...I'm a licensed Illinois Realtor (about 2 years experience) in the Metro East just outside St. Louis, and I'm just about ready (after much paralysis by analysis) to begin inv...
Jorge Alzate
First Time Home Buyer Tax Credit Florida Program, Worth it!?
Hello BP members!thank you in advance for any feedback!I'm financing a property through an FHA loan as a first time home buyer. I was informed about a Florida Mortgage Credit Program I would qualify for as long as I ...