I just go my license a month ago to supplement any investments I would make going forward. I hung it under my boss, who is a commercial broker and has no background in residential, and therefore he is of no help here...
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What does a good CPA cost when tax time rolls around? Now I already know that this is a "it depends" kind of situation and I understand that. I'm just looking to get a ballpark idea of what would be an insane number. ...
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Hi friends! Florida newbie here again. If I want to sign that “1031 Form” to avoid capital gains tax..how far in advance to the closing do I have to file that? I’m putting on the market in beginning of November when m...
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Hello all, I need your advice. I am in the process of purchasing my 3rd investment property. This will be a single family home for our son to rent from us. We are under contract and in our 10 day inspection period...
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I’m Almost through my first official year of being a landlord and I’ve had nothing but great experiences (some good and bad). I’be started up an LLC for my first rental and now need a tax accountant. What are some que...
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I understand you accept first come first serve as long as they qualify. My question is: applicant A submitted the first application. While I'm processing applicant A's application, applicant B submitted an application...
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Hi guys,
Lets say a person puts money into a Roth IRA, but then few years later, IRS penalizes this person because this person was making too much money. What would that penalty look like?
In 2019 I believe for a s...
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Hello all! Beginning a career in RE and I planned on starting with buying and selling vacant land parcels that are delinquent on property taxes. I learned that I could acquire lists from local parish tax assessor or s...
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Has anyone been experiencing unresponsiveness from Sage Acquisitions while trying to close on a HUD property? Sage is the new management company HUD is using in the Philadelphia area.Our offer was accepted almost 60 d...
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I am a tenant living in Chicago. I lived in an owner-occupied building with 2 total units. I moved out March 30, 2024 and just recently received a letter from the landlord (54 days later) with deductions and reasons...