Michael Garofalo
Washington DC Tax Question-Form D-30
Hi everyone,I am an investor in Washington DC, and currently have a single-member LLC that is treated as a disregarded entity for federal tax purposes. My question pertains to local business taxes in Washington DC. I ...
Adam Vadnais
Canadian interested in investing in the US.
I live in Canada but the buy and hold market here is not favorable. I am interested in investing long distance in the USA. What legal and tax complications should I be aware of?Will I look for financing from Canadian ...
Luke Carl
DTI is 2% to High at 47%
Trying to push this loan through. It's all set to go but I'm at 47% and they need it to be 45% to meet Fannie. Purchase price is 149k and the system is aproving me for something like 139k. Any quick tricks or tips to ...
Account Closed
Where does the 30-60-90 day period fall?
Hello all,I generally understand the foreclosure process, where once you're late on your payment, you get a notice of default. After that, you get notice of sale, then it goes trustee sale, then possibly sold as REO. ...
Ken Rishel
The Consumer Financial Protection Bureau Becomes the Big Dog
The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to inform...
John Ma
areas with stagnant rent cost?
Hey guys, I'm wondering if anyone has experienced an area where the rental price is pretty stagnant or grows slower than 2% per year based on comps?
Account Closed
Apartment Tenant with Medical Mari-J asked WHERE he can smoke his Rx
Los Angeles County, CIty of Signal HIllTenant with anxiety disorder presented with prescription from physician for daily medical cannabis inhalation.My first thought was, 'is that without filters by any chance?' but n...
Leigh Ann Smith
Single Member LLC's
When you have a single member LLC, it seems a bit silly to say that you held a meeting. But without meeting minutes, how do you track what you are doing for legal purposes? Prepare a quarterly report of some kind, p...
January Johnson
5 Insurance Tips to Make Investing in Florida Less Scary
The words “insurance in Florida” can strike fear in the hearts of investors, but I’ve got 5 TIPS that can help you navigate this expense a little easier*:1. Pay attention to the age of the property. Nick Massey, Direc...
Haemi Jung
Capital gains Tax
Hi community.We are planning to sell our Co-Op Apartment in New Jersey this year, and we have a potential buyer. However, we are unsure whether we need to pay taxes on the capital gains from the sale. I would apprecia...