Hi all,
A big advantage of real estate is that it can be a large tax writeoff. The "depreciation" and mortgage interest writeoffs can save quite a bit.
If I invest in say mexican or canadian real estate will I lose ...
Hello, just starting my tax return for the year. I realize I may need to go the route of a CPA, but I'm trying Turbo Tax first and looking for advice. My question is this: I'm a part-time real estate agent/investo...
Hey Ya'll,We are working on our corporate structure and will likely go with LLCs. Intention is to have a parent holding LLC with subsidiary LLCs to hold assets, form joint ventures and possibly one as a holder of int...
Good day everyone, I am new to real estate investing out in GTA, Ontario, Ca. I am currently looking to invest in real estate in GTA with a friend who is a foreigner. I am planning to take out mortgage while down paym...
Dear BP members,I am looking at partnering with any good and experienced CPAs and real estate attorneys that will be able to provide some form of a reseller agreement with my local Singapore company. My Singapore comp...
Hi all,I am in the process of refinancing my AZ condo ( title in my and my wife's name). I would like to transfer title to a LLC at closing. Since we are California residents, what would the process be to setup a LLC ...
Hi all, any foreign investors from australia who could recommend any USA tax accountants please? thanks
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Hi BPers!My brother and I recently purchased a rental property in Albany, NY. Talking to our Lawyer over there, he says it will cost around $1,400-$1,700 to set up an LLC for the property there, which is fine; but I a...
We just bought a US condo from a canadian person. (we are a multi member LLC). I believe we were told during closing that we would not have to worry about withholding taxes on his behalf.now im getting an IRS request...