Ben Ravenscroft
tax implications for resident becoming non resident
I'm in somewhat of a unique situation - I'm currently looking to make an investment in a residential property as a permanent resident / green card holder. However there is a small chance that at some point I may lose ...
Andrew Jones
How to handle being given a house
Let me start off by apologizing if this is the wrong section. Ok so here is the deal. My uncle has owned my great grandmother's house for about 15 years. No one has lived in the house since Hurrican Katrina. On Good F...
Nick Gray
Repairs vs. CapEx in Large Renovation - Tax Question
I am working through my 2019 tax return, which is significantly impacted by a $200K renovation of a 12-unit apartment building that I finished late last year. I recognize that repairs are deductible in the year of and...
Albert Chen
Appraised sq ft is 22% smaller than advertised
Hey friends, hope someone can give me advice.I’m in escrow and 2 weeks away from closing on a 3/2 SFR in San Francisco. I’m a first time home buyer, and it’s an as-is offer at 4.3% above list price. I like the house v...
Leo Hurtado
Out of State tax for a new LLC
can some guide me in the right direction? I just started an llc in texas and im in california/ do any of you know if I need to file as out of state or as if I live in texas?
Moe Salem
what is the best way to open an Llc as a real estate investor
Hello everyone. I just started talking to a homeowner about purchasing her home and what would be the best price if I get her Cash for her home.If I want this unit to be a whole sale unit, what would be the next step ...
John Cournoyer
Title Insurance on tax auction properties? Washington State
Hey Everyone,I've never posted here but I ran into an interesting scenario I figure someone here has come across in the past. I am primarily a wholesaler in the greater Seattle market and came across a property with a...
Mitchell Mabee
Properties in multiple states as a one person show
I'm in the military and I already own one property under an LLC in Missouri. I've been lucky enough to get orders to Florida where I now also own a house. I'm planning on renting it out in the future, but I have a f...
Angela W.
How to Set up Transfer of Property Before You Die
I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...
Philip McDonnell
Buying house from relative
Hello All,
I am new to these forums so I hope that I posted in the correct place and also hope I don't sound like a total newbie even though I am :)
Anyway here goes my story:
I am currently living in a house that ...