John Blanton
Tax Implications of having one LLC be manager of another LLC
I was hoping I could get some assistance in regards to a tax question about LLC ownership. If you own a portion of another LLC with an LLC you are currently managing are there any separate tax implications? My initial...
Joseph Newton
Delinquent tax rolls - Finding properties behind on taxes DFW
I am wondering what the process looks like to find properties that have back taxes owed. Specifically around the DFW area Texas. So Dallas, Collin, Denton, Tarrant Counties ect. I am guessing it is done either at the...
L Huang
Taxes when convert Primary to Rental to Primary - 2009 Exclusion?
Hi Everyone, Happy Holidays!In this article about "Taxes when converting your rental to primary" - https://www.nolo.com/legal-encyclopedia/taxes-when-you-convert-your-rental-property-your-personal-residence.html, it m...
Greg Schreffler
Tax Professionals for Multiple State Properties
Hello,We completed 2023 with Insite Tax & are hoping to find better services for the money. Our taxes are done by professionals but for $75/m I was hoping for better communication. Is this possible?Thank you,Greg
White Kandlez
Wholesaling with no llc/scorp
Hi all,
Was just wondering about wholesaling without an llc/scorp. Is it ok to just use your name, and for how many wholesale transactions? I want to use profits for income first but I know taxes can be a pain (I'd l...
Lance Schaefer
Help finding guru course/Name
Ok...This year of 2014, my email was bombarded with marketing material from large RE investosr. It talked about a heavy hitter investor who buys properties all over. His material dealt with tax strategy and tax plan...
Matt Ellis
Tax Records
How does one find sellers via Tax records? I was talking to someone about Marketing and they mentioned that sellers can be found by searching the tax records. I have no idea how one can do this. Can anyone explain?
Gerhard Maree
Cost Segregation Losses - STR
Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?
Alex Rozenfeld
Foreign Investor Tax Implications
Hello BP community,
I was hoping you can help me with a few questions about tax planning for foreign investor in real estate. I'm going to buy an apartment building with foreign equity partner and want to ma...
Trent Barga
Bonus Depreciation: Tax value or Purchase Price
Hoping one of you great people can clarify something for me. Looking at bonus depreciation and wondering if it is based on the county assessed value or purchase price?We purchased a commercial building for $420k and t...