Justin Skinner
Trying to understand tax situation, would love perspective
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Bryan N.
Tax question regarding converting primary into a rental
My primary residence will be paid off in less than two years. At that time, I am going to purchase another primary and rent out my current one. The house will need new windows and a roof within the next five years, ...
Account Closed
best ways to fight roaches
to make a long story short, i had tenants move out the week before i bought the building and they lived in filth..even my contractors didn't want to go in there, it smelt so bad..there were roaches everywhere. i had ...
Ivan Jenkins
Applying Fair Housing Standards to Criminal Records?!?
I logged on to my local MLS today and noticed a new message with an attachment from the US Dept of Housing and Urban Development (HUD) that speaks (in general) about how almost 1/3 of the US population has a criminal ...
Cassidy Burns
What States are you starting your LLC's in?
Hi BP,I'd love to get this thread started.What are the best practices/ strategies to starting LLCs in the most tax "beneficial" states for their businesses? Why or why not? Great question to accountants .What states a...
Jeremy Karja
HELOC - Who should I use in MN? What type of company?
Hi,I am wanted to do a HELOC and take a loan against the equity of my home. Who should I go to in MN to do this? If you do not have a specific one in MN what type of companies should I look at? What are the things ...
Stephen E.
Recording Professional Status
I have noticed that Tax exemption for real estate professional status. I would like to know more about what this implies and how do you obtain and record what it means to be a real estate professional.
Brian Gibbons
Here is how a slick Rei operator screwed over a homeless man
http://www.chicagotribune.com/news/opinion/editorials/ct-edit-property-transfer-scam-1107-20151106-story.htmlIt's unbelievable what some people will do!
Prashant Deshmane
Can the previous home be considered investment property ?
Hi -
May be a stupid query - but aren't we all learning !
Since we are moving and buying house in another city - we are trying to put the present house for rent - will this house ( rental) be considered as my inve...
Jon Mason
General Partnership or LLC
For purchasing properties (buy and hold) with a business partner (not my spouse) is a general partnership or an LLC the better choice?I've always thought an LLC was the way to go, but we were chatting with a lawyer an...