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Ladies and Gentlemen, I have a landlord friend of mine that lives down the street and is getting roasted due to covid 19 and a tenant who hasn’t paid rent since February 2020. He lives in a small 4plex apartment ...
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Hi, I bought my first investment property ( new construction SFM) few months back. I hear that cost segregation study would be beneficial. The property is <400k so not sure if it us beneficial for me. If so, any...
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Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
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Do I pay taxes on flips What do I do
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I have (2) prospective tenants for a property of mine. One tenant works at a restaurant and the other at country club. Both tenants claim that most of their income is cash and that they can not meet my minimum require...
Hi everyone,
I would like to invest in Connecticut, what area can you suggest and people who can help me with it?
Thank you !
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Hi everyone,
I am Michael, from Vietnam. I am working as acquisition manager for a wholesaling company in US. I was wondering if I can create an LLC and do wholesaling on my own as a foreigner. How does it wo...
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Good morning,I would like to recommend a great book "WHAT YOUR CPA ISN'T TELLING YOU" By Mark J. Kohler. This book has been an eye opener for me, now I am an accountant just not a CPA. All I know that through getting ...
Hi,Recently I flipped a few houses that were in my name only. However, there were 3 of us that went in equally to purchase the houses and all 3 of us split the profits out of my proceeds from the title company from a ...
My parents are going to help my brother and sister in law with a large down payment for my brother’s first home. They are going to pay/gift $100,000. My parents are asking me and I haven’t a clue so I come to you guys...