Hi group- I've been using a good general accountant for my taxes (personal and RE LLC) for the last few years, but she doesn't seem well versed in Real Estate.I own 2 single family homes in Lexington, and am now buyin...
I'm currently reading about taxes and deductions with real estate. I'm wondering when I would be able to start writing off things. I currently do not have any properties, but I am preparing my business ahead of time b...
Hi everyone,
This is my first time having to evict a tenant and I want to do it the proper way. I purchase the property last month knowing I would have to evict one of the tenants due to the fact he wasn't paying. Wh...
The idea dawned on me tonight that perhaps a good way to gain some exposure and get my feet wet in this lucrative business is to find work with a contractor that specializes in rehabbing properties. I think it would a...
Hello,I bought few properties in 2014 and renting them out. I need a TAX person who specialize in dealing in that area. If anyone has a recommendation, I would appreciated.Thanks!
Listing my first house soon. I went into the investment with a hard money lender and some friends. I don't want to run into any tax gotchas so I'm looking to talk to a CPA to make sure everything is all good but not s...
Hey guys. I am going to meet a seller tomorrow who has a 3 unit (2/1, 1/1, 1/1) property that wants $140k. She's motivated because even though I actually tried to brush her off to another wholesaler because she's just...
Does the seller have to know that I’m wholesaling when I wholesale in Michigan? Or should I double close ?
For the last 2 or 3 (maybe 4) years, I've had a special assessment tacked onto my monthly HOA for a building repair (boiler replacement I think). I've never claimed tax deductions for this repair. Obviously, I can d...
HI AllMe and my partner are jumping right into this, we have a multiplex property we want to invest into. Sell Price is 600KWe are have the cash to bring in 30% and little more.Issue is banks are not ready to loan us...