John Stanley
avoiding capital gains tax on foreign property
I'm a US citizen living in Germany, where I am buying rental property. The law here is that if the property is sold after >10 years' ownership, there is no tax on the capital gains. However, I would have to declare...
Alan Knight
Single member LLC working with outside investor on per deal bassis
I have co-worker that wants to go in with me on a few small rehab projects and wants to split the profits. He does not want to be a "business partner" he just wants to split profits 50/50 and I 1099 him at the end ...
Lesley Ray
Short Term Rental - Corporate/Event Space
Hi all! Does anyone have experience with renting spaces to companies? Such as for company events/retreats, photo shoots, etc.
I’m trying to run numbers and am struggling with how to gauge hourly rate, vacancy etc.
Matt Pritchard
Legal Question
I have an LLC in Kansas that is my house flipping business. I am taking on my first flip in Missouri, My understanding is that I don't need to do anything special from a legal perspective. Initially, I was concern...
Jeremy Fefel
HOA & Trash/Garbage
My next door neighbor, for some reason, has trash and garbage filled in bags stored in their backyard. I contacted my HoA a few months ago about it, and he assured me that it would be taken care of right away.
So I ...
Vidit S.
Who pays taxes for a land trust with LLC as a beneficiary?
Hi - I am getting a land trust in Florida with a LLC as a beneficiary to get a rental property in the trust. This LLC will have a WY LLC as a member for charging order protection. I have been reading some tax laws an...
Deon C.
Over three months and I have not received a recorded deed, and ..
HELP!I closed on property 06/21/2018, and paid. The closing company, Service Link, is out of state. They e-mailed me a copy of the deed and said they would have it recorded ASAP. I looked at the deed and noticed the l...
Mary Jay
Wyoming LLC- anonimity for other states?
Hi guys,So Whyoming LLC does have anonymity, but how does it work if the property is in a different state, one still has to register that Wyoming LLC with the state that the property is in.Does it mean that the anonym...
Albert Fiorillo
Delaware LLC vs Delaware Series LLC
Hey Everyone,
I am trying to get more information on what path i should take in structing my business. Is a Delaware Series LLC better then a regular Delaware LLC for Real Estate Investing since all properties could ...
Bill Mitchell
Wholesaling Income & Taxes
This was my first year wholesaling part time here in DFW. I made a decent chunk of change doing it, about 40k. My question is when it comes to taxes, should I utilize a real estate tax professional at the end of t...