Llewellyn Clarke
Bank foreclosed on rental property 10 years now 1099 for this tax year
Purchase an rental property in 2006 and the bank Foreclosed in 2014. The Bank send a 1099 for the charge off for this Tax year. How do I avoid Minimize my Tax Liability????
William Kusznir
Occupancy Limitations in Phila. PA
Hello everyone!! I have a question about occupancy limitations. I'm thinking about opening a boarding house. I know what most of you are probably thinking. "That's not a great idea!" I thinking opening a house li...
Sean Ziesmann
Looking for CPA with USA-Canada Experience
Looking to find a CPA/Tax - Corporate Strategist with tax experience to ensure we setup our US operations with the best taxation strategy for a Canadian citizen. Goal is to have 100 doors by end of 2018 and want to e...
Becky Watkins
Choosing Tax/Legal Professionals
Sorry if I am posting this in the wrong forum - I couldn't figure out which would be best. Does any one have any tips or direction on the right kind of questions to ask in a 30min consultation while searching for the...
Chandler Ludwick
LLC, LP, or Other for Group
I have 4 friends and we want to pool our resources together and purchase rental properties in the city we all went to college together in (focused on student housing). All split equally down payments and returns. We w...
Savannah Walbert
Aspiring investors with 200k+ income looking for guidance
Hello! My fiancée and I will be beginning our real estate investment journey in 2024 and are looking for any suggestions or pointers as we make some of our initial decisions.
We live in Los Angeles, so it’s probab...
Pat L.
Quickbooks - LLC owning LLCs.
I am setting up Quickbooks for my real estate investments:Right now, I have one LLC that is set up as a company in Quickbooks.This LLC will own other LLCs. These other LLCs will own the properties.I'm planning to have...
Dennis Callaghan
LLC Structuring in NY State
I am trying to figure out how to structure LLC's in NY. I currently have an LLC with 3 properties in it and I have a total of 6. I am currently thinking about refinancing other properties into LLCs so I need some advi...
David Rutledge
When, how and why set up an LLC
Good morning,I am a new investor and I just recently had an offer accepted on my first two homes. One in NC and the other in IN (I live in CA). I have had all the inspections done and I am now in the process of sortin...
Lenny B.
What should be the amount of Umbrella insurance?
Hello everyone,I've been trying to figure out the answer to a question about how to come up with the amount of umbrella insurance coverage I need. I used to have $1M umbrella, but my insurance agent says I am signific...