Ana Vhan
1031 and trust
I have a peculiar situation. Me and my husband have a trust and so far we have put all our assets including homes under this trust. We have a property outside this trust that is only on my husband's name (we couldn't...
Tom McDaniel
Partnership LLC Sells Rental, Invests in DST, Closes LLC, Can DST be Distributed?
2 Person Partnership LLC (Form 1065, K-1s to Partners) owns Rental Property which is planned to be sold. Proceeds to be used for 1031/DST, LLC would then be owner of record for 1031/DST.
Plan to close LLC in 2024 or...
Thor Bonaventura
Question regarding 1031
Hey guys new to this platform but I have a question if anyone can help. I am currently building a property and realized that that taxes from the sale are going to be substantial so I considered doing a 1031 then getti...
Bill Exeter
California's Mandatory 3 1/3% Withholding Changing 1/1/07
California Assembly Bill AB 2962 was approved and signed into law by California Governor Arnold Schwarzenegger on September 22, 2006.
California's current income tax withholding law enacted in 2002 and effective Jan...
Jacob Williams
Trouble locating property taxes!
Hey everyone,I'm very new to this and can't seem to be able to find where to research the property taxes for Montgomery, Prattville, and Wetumpka Alabama. I'm trying to begin doing some analyzing properties, but I'm g...
Clayton Bray
When do we get a CPA?
Hey Good People! My wife has a profitable small business and we haven't bought a investment yet (soon). When do we need to get a CPA? Shes a bookkeeper and has a S-corp already but we pay too much in tax. Thanks for y...
Account Closed
Cook County Property Tax Appeal Process
You may have just looked at your property taxes and were shocked at the amount you are responsible to pay. Property taxes are a significant financial burden which makes it all the more important to make sure your prop...
Account Closed
Property Tax Appeal Process in Cook and Collar Counties
You may have just looked at your property taxes and were shocked at the amount you are responsible to pay. Property taxes are a significant financial burden which makes it all the more important to make sure your prop...
Marcus ONG
Income tax for non resident alien
Hi
Hope someone can enlighten me on the following:
1) tax rate on individual vs LLC
2) is there a state and federal tax component?
3) estate tax planning for non resident.
4) Depreciation for old house. What's the t...
Brandon S.
Analyzing Brookfield, IL duplexes/Multifamily , High Taxes!
I am looking to house hack my first investment property by buying a multifamily, financing with an FHA loan and eventually moving on to the next one after a year. I have found that when looking at properties on the ML...