Jamal Harb
Cross Border Taxation for Canadian
I am a Canadian investing in the US and the time has come to do the taxes. I have researched intensively the ins and outs of US taxation by reading and speaking to accountants. Filing can be accomplished in one of two...
Julia Green
Prepaid Property Tax at closing
Hi folks,I was wondering if there is a standard approach to determining the prepaid property tax at closing. In the past I have paid taxes based on the Tax assessor's evaluation of the property. However, I recently ...
Louise Whidby
assessment & taxation lien properties
I am sending out yellow letters to property owners that have liens on their homes. If I was to put one of these properties under contract who pays the liens? How do the liens come into the price for the seller or buyer?
Loic Assobmo
LLC vs insurance alone: taxation
Hey yall can any one explain to me the taxation for LLCs. First, do folks use their home owners insurance as an alternative to LLCs? Which type of LLC entity is best for investors owning several rental properties. I k...
Patrick Britton
Taxation and the assignment fee
Howdy,So...after getting paid for a wholesale deal - let's assume a simple assignment of contract that's stated on the HUD - how is that taxed? is each state different? what if you sell an LLC which "owns" the contr...
Ernesto Hernandez
Property Taxation variance/markup for OOS
Good evening everyone, I'm told there is a higher level of property taxation for anyone buying real estate as an investment property. Can anyone provide an example or resource that would give me some insight as to how...
Peter Morgan
Taxation when selling owner occupied Duplex
HelloI would like to know how does the taxation work when selling an owner occupied Duplex.There are two scenarios here, 1) The rental unit has similar square footage as the owner occupied unit.2) The owner occupied u...
Andrew Pettitt
Corporation Structure, Commercial Rates & Taxation
I've been researching how I should structure my real estate investments. I currently have all my assets under my personal name. As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vest...
Andrew M.
TX Series LLC and Structure/Taxation
Howdy everyone, I've got a question for you tax and legal gurus. I'm getting highly differing feedback from my lawyer and CPA on the proper structure and taxation of Texas Series LLCs.
The CPA is advising that each ...
Arun V.
Taxation on Passive Income and Losses
I am a limited partner in a non real estate business. Can I offset my Limited partnership income or a K-1 distribution income with my suspended rental property losses.