My goal is to invest in a multifamily property to live in/airbnb. Me and my significant other are currently located in NJ but dream of making this move happen on the island. Why? One reason is to invest in the land my...
I'm looking for a rock star REI CPA in the Capital Region that is well versed in NY RE tax laws, Partnership/LLC tax laws, recent QBI changes and comfortable with multi-state filings.My financial profile in 2018 shows...
Hello,I am thinking about starting my real estate portfolio and have warmed to the idea of it being apartments only. How does everyone else feel about this? I would love to hear from others who employ this strategy an...
Good Evening,I am taking my last 2 years Taxes, 2 months of Bank Statements, Drivers License, Social Security card , Copies of work checks for the year ( Self-Employed ) To two seperate Lenders that I have been talki...
Has anyone been audited by the Employment Development Department / DE 231TA?I've been operating for a number of years, and just got a letter informing me that I'm being audited. They want a large amount of documentat...
Hello all,I will have 70-90k as a down payment and I only need the financing for 3 years. I cannot go to a bank because I am in my first year as a self employed individual. What I'd like to do is hear from anyone who ...
One of my goals this year is to score a builder contact. I want to list their new homes for sale. I am working on putting together a presentation to present to various builders in my area. Anyone who has dealt with bu...
Does the wholesaler have to pay taxes. For example if u put a house under contract for $10k more, does taxes come out of that 10k. And do I have to pay the seller before I pay the tax or after?
Hello all, We have been looking to get into our first investment property. We like the idea of house hacking and have been looking at duplexs and tri's. I spoke with a loan officer from my local credit union just to a...
I am aware of the requirement to issue a 1099-MISC to your lawyer when you are paying him more than $600 per year. However I am confused about the following situation:I have a holding multi member LLC with its own EIN...