Previously, a tenant tried to withhold rent without a proper written notice, nor a escrow account and verbally not even a valid excuse. Just coming up with whatever he can to pay rent late. This is my face on the othe...
I came across the lisiting for REO in Woodbridge , Central NJ. The list price is $129,900 it has been reduced which tells me may be we could offer significantly less then the list price.
Home is in a good neighbourho...
Hi, my name is Mario and I live in Vancouver, Canada. I intend to start wholesaling
in the US in the next 30-60 days but don't know how to proceed in terms of setting up
entities to avoid double taxation and withho...
I am currently a W2 employee, but was thinking about switching to being a 1099 employee to increase my income to fund my first real estate deal. Is this a good idea?
working with an international investor as a business partner on a deal. what forms do they need for tax purposes, and if I create an LLC how does taxes work with me.
Those of you who are in the cities where Airbnb withholds TOT know that the tax applies to cleaning fees as well. That line by itself can be $700 per year for an average property in coastal Southern California. It's u...
I'm American, my wife is Korean. We are getting into our first investment here before the end of the year. I'm curious, purely from a tax standpoint, is there a benefit to putting the property into my name or hers? ...
This is a room rental situation.I make very clear to my tenants that 30 days notice of intent to leave is very important to me and I also make clear that I take the first and last month up front so that I can withhold...
Can anyone recommend a Self Directed IRA/LLC CPA in California?Buying the property was the easy part! Now we would like to sell it!Looking for a California based CPA to help with the TAX Withholding and closing paper...
Hey BP Community,
Recently when I have been observing others analyze multifamily deals I keep seeing these two terms Market Rent Discount that they are withholding as another reserve account for the property, along ...