We will be sending our tenant a pay or quit notice for non payment of rent for a rental house located in Houston Texas. We are new to this. The lease stipulates charges for late fees(an initial charge and then daily)....

HiWe bought a condo after forming an LLC between me and my husband in November 2016. We have been living in it since purchase and there is no income yet so far. We are both non-resident aliens, currently on J-1.We wer...

Hi all,I have few properties in New Jersey for few years.  I realized the passive income is not really a passive income as the tenant call you for repairs- the fence, leaking basement, driveway crack, dishwasher, wate...

Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...

Hi BP,2 months, I traveled to Vancouver, Canada and I noticed a lot of real estate activities going on. I been wondering as an invest from the US, what are the legal and tax implications of owning properties up there?  

Hey everyone, I am a investor with experience in SC, NC, & TN. I have a fair deal of experience with the real estate laws/codes in those states, but I have a colleague ask for advice today and I am hoping that you...

I am self employed individual, looking for recommendations for a portfolio lender out of Brevard county FLHave also looked into Limaone and lending one but have mixed reviews as far as the experience with them so hold...

Hey everyone!
Any advice or recommendation would be highly appreciated! I am a new agent in the Chicago market and I just filed Chapter 7 bankruptcy 4 months ago. Since my bankruptcy got discharged, I essentially hav...

I know that I will have to file state income taxes due to the various K1's on RE equity deals.  But, some of these investments are in states without individual income taxes.  I am investing as an individual investor a...

Hello allMy wife and I jointly own 2 properties, 1 in Florida and 1 in South Carolina and are looking for a recommendations for an accountant to file federal and state tax returns for each of us. would appreciate any ...