Natalia Zhou
How to report foreign property sale to IRS?
I recently sold a foreign investment house, wonder how I can report it to IRS now? So that I won’t be getting a big penalty for not withholding enough tax for this capital gain from foreign property sales. Since it’s ...
Peter Z.
Solar panels on SFR in Los Angeles
I’d like to take advantage of the solar rebate. I have a SFR in Los Angeles (DWP utility company). I have an old shingles roof and I know I have to re-roof prior to install of solar panels. Any recommendations/suggest...
Jeremy Bates
Affordable Housing Real Estate Developer structure and tax credit manager positions?
I'm looking for information on what affordable housing developers would hire a tax credit/asset management manager for a salary in the $150-$250,000 salary range?
Michael Pannacciulli
CPA needed when starting out?
Hi - when do most folks hire a CPA? Before the first purchase, after...after several investments?Also if you are an out of state investor, do you pick a CPA in your home.state? Does it matter much? I don't expect o...
Alex Locklear
The BEST strategy for a beginner.
So I'm getting ready to close on my FIRST DEAL EVER next Friday.
I've been trying to do my "first deal" in real estate investing now for about 6 months. I've gone back and forth from wholesaling, to sandwich lease op...
Serge S.
Paycheck Protection Program (PPP) using PM
Multifamily owners using a PM how do you interpret your eligibility if your PM pays payroll? I have been advised that if your holding co LLC EIN is NOT the one making the payroll then it does not count towards the loa...
Willem VanBakergem
Selling shares in a LLC; $5.5M MDU property
There are three 33% partners in an LLC and six equally distributed heirs (6). We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal. Two partners would remai...
Stephen Sykes
26 unit building in downtown Omaha, NE
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,000,000
Cash invested: $200,000
Purchased a 26 unit apartment building in Little Italy, (downtown Omaha), ...
Brian Gibbons
Succeeding in Cleveland Ohio with this Plan
We are implementing 2 plans at once in Cleveland area:
Lease Purchase Assignments
Purchase REOs and Preforeclosures with Private Loans - then selling on terms with land contracts or lease options.
Matt will fill yo...
J Scott
Fannie Mae REOs
Sorry if this has already been discussed, but I stopped making offers for about 6 weeks (too much irrational exuberance around the tax credit), and started making offers again this week...
I made three offers on Fann...