Matt Mach
Sales Tax exemption on flips?
Ok, I've gotten one flip under my belt. We closed in 2017, I've already talked to a CPA regarding taxes and he suggested I roll the income and expenses into the same tax year. I've been reading quite a bit about how I...
Mickael Castillo
Moving and nervous need help
Hey everyone, I will be moving to tampa in a few short weeks and still haven't found a place!! My job will be transferring me onto the macdill afb (I'm not military) in a few short weeks. I've been looking on zillow, ...
Bobby Brown
Do you have to issue 1099s for work done on a rental
My wife and I were told that we must issue 1099s for any work that is done by independent contractors over $600 or we may be fined by the IRS (~$100-$600). We so often find a big push back when you request to do this...
Joshua Dorkin
Zillow Goes Public - Ticker Z - $1.6 Billion Valuation - Thoughts?
Zillow started trading today on the NASDAQ under the ticker Z. According to this article on TechCrunch, when the stock opened at $60, that represented a valuation of $1.6 billion - extremely frothy, given the $11.3 m...
Evan Smeenge
Rhode Island - Starting Place
Hello,I am feeling a bit discouraged. I have heard a few different things to know before you start. Notwithstanding my wife not being fully on board, It seems that there is a very little amount of monthly income that ...
Matt Geerts
Ontario Canada mailing lists
I have tried using the Canada Post mailing list generator. It lets me select Own vs Rent, household income and family status, among other innocuous and generally useless criteria, but none of the juicy details that th...
Wendy Busa
First Subject to Foreclosure in exactly 30 days can it be done
New investor.I am interested in a property that is in preforeclosure. The date for the auction is Jan.10th. I have not contacted the owner yet, because I am not sure how long the process of doing a subject to takes. I...
Kostyas Constantine
Foreign national looking for Home equity loan or HELOC
Hi everyone, my first post on this forum. I'm hoping that someone here can offer some advice on a rather uncommon situation.I'm an Aussie passport holder with a non-immigrant b1/b2 US visa, so in simple terms I'm a fo...
N/A N/A
LLC for rental properties
Hey guys,
I'm new here, and I have a question about the way LLCs should be set up and how they are taxed.
I am thinking of investing in a duplex, and renting out both units. When forming the LLC, I am wondering ...
JH Bridge
Lost in the vortex
I am in need of a little guidance. There is a SFR that I'm working on, but can't seem to get anywhere with the powers that be.
An NED was filed with the county and an auction date is set. The owner signed a...