Ryan Moore
I pulled IRA funds for RE transaction, 60 days up in 2019.....
End of November, I withdrew money from my IRA to fund a real estate transaction. I was informed that I can withdraw funds from my IRA once per year and not be taxed/penalized as long as it gets back into the IRA wit...
Mark Mayton
Sale Tax and Use Tax on Rental Property
Hay Everyone!
I run into a little problem. I set up LLC in Virginia for my consulting business. I'm also using the LLC for my rental property which is In Maryland. And now I have to pay sale and use tax but don't r...
Frank Trigoso
Buy three houses or multi-family?
I will have close to 100k after I sell my apartment and land that I own. I'm not looking to cash out, but to reinvest my money. Possibly do a 1031 exchange. I'm looking for directions so I may branch off of and do res...
Matthew Stapleford
Sales Tax on Self Storage in Ohio
I am looking at purchasing a self storage facility in Ohio and am trying to figure out whether or not I have to pay sales tax on the rentals. Does anyone have experience with operating storage facilities in Ohio? Any ...
Min Kim
Property with delinquent taxes
I’m looking into a property with delinquent taxes, property (duplex) is currently being rented out, but only one unit has been rented for years. Unit is definitely outdated.Looking to make a strong cash offer to help ...
Antonio Gonzalezcruz
from fix and flip to STR?
Hey everyone . IM about to sell one of my fix in flips in Indiana. Can I put that money in my CA house that im turning into a AIRBNB? technincally im putting the money back into RE. Thoughts . or suggestions would b...
Julia Marg
Proof of residency request from a tenant
My tenant of three years has asked me for a written and signed proof of residency. She says it’s for tax purposes. Just wondering if anyone has received this request and if it’s legitimate. I have always been able to ...
Patrick Bross
Charleston Duplex Taxes
Hey all,Question on how Charleston, SC handles taxes on a duplex. I own a downtown Charleston duplex and reside in one of the units (primary residence). I recently submitted my residency application to retain the more...
Daniel G Blais
NEED HELP: Splitting profits on rental property.
Ok, here is my situation. My father and I have started real estate investing. He has put forth the capital and I have done the leg work. We have not set up an LLC or Corporation. The property is in his name only. ...
Cliff Hupper
First rental investment: a condo
I'm 36, I've done all aspects of construction.
I'm a successful software engineer. Between my wife and me we make about 140K a year. I am the first owner of a 5 year old colonial (460K) put down 90K, pay every two we...