I own a duplex in Dallas, TX. There is an apartment upstairs which I rent out which is 1/3 of the building. I live downstairs and claim this as my homestead. My insurance and property taxes are also set up in this ma...
Just had an incident where a loan officer was emailing my tax forms back to me because she needed my signature on them, but I haven't been receiving them. after a week of telling her I haven't received her email I fin...
An owner of a property that I am interested in is willing to seller finance a property that has 2 lots. One lot has a 1/1 home and studio apartment on it. The second lot is cleared, vacant and has its own tax bill. A...
Looking for a feedback from tax experts on the following scenario:A client is a self-employed (has an LLC taxed as S-corporation). Pays himself reasonable salary of 35% of the business's net profit. Pays health insura...
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
As we just started out in business last year we have only used hard money. We now have friends and family that want to invest since they see we know what we are doing! Have not met with a CPA yet but have a few to co...
I recently purchased tax lien properties and in need of a lawyer who can tell me the end and outs of purchased and future purchases of property. Help draft necessary paperwork to make sure my investments are secure an...
Doing a project in a C- neighborhood. Already lost about $400-$500 in lumber. What's the best security systems to help curb my materials from walking away? Simplysafe? Or something comparable?
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
99% of the respondents will select 1031 exchange. If you know me very well, you know I march to the beat of a different drummer. I also like to play the contrarian.If I decided to part with one of my 150 unit apartmen...