We have a home and reside in WA State and just purchased a rental in AZ. We also have a home in AZ but we are curious if we should set up a LLC in AZ or WA for the rental? Are their different laws for AZ vs. WA?
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Hi guys,I have a property management company that has a separate bank account and all of my tenants deposit the money into this account. Lets call it "Mary's Property Management LLC"Is it ok to pay mortgages from the ...
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There is so many people on here that give out great information, So I am only going to let you choose 3. Who would you like to hear on a pod cast? my 3 would beBill Gully, Ned Carey, and Brian GibbonsI want to say tha...
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Has anyone experienced a huge spike in property tax after transferring your investment property to a LLC ? especially for investment properties in NYC for those who are familiarThanks
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There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...
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Hi guys,Is there any tax implications when you transfer a property into an LLC?Did anybody transfer a property into an Arizona LLC? If yes, did you have to pay transfer tax? (In some states it could be 20% of the valu...
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https://papersourceonline.com/sanders-goes-after/ link
Bernie Sanders Goes After Real Estate Investors
By W. J. Mencarow
Sen. Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a pro...
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"Condo Association" is all my loan officer had to say to strike away all my excitement in becoming an investor....It's been hours everyday in anticipation, knowing I had a little golden goose waiting to claim.....What...
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My wife spotted a home less than a mile from our house when we decided to take a new route out of town to go have dinner for her birthday. She asked me today if I saw the house, boarded up and vacant. Of course me...n...
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Attorney's Secrets to Tax Lien Certificate Investing and Tax Lien Sales Auctions (theinformedinvestor.com)Does anybody know if this is a good course?
Is it another one of those never-ending seminar sales pitches?