John Doscher
California $800 LLC fee - New State Bill
Thank you for your e-mail to Sen. Bates. She strongly supports Asm. Vince Fong's AB 1922, which would eliminate the franchise tax on small businesses. You can learn more about the bill here: http://leginfo.legislature...
Colton Mckell
Buying tax sale property
2 years ago I did a hard money loan with max monthly interest. I recently have been paid part of the principal, but was still in a situation on the interest owed to me. Recently the property that had I had up for c...
Mr Good
A range of questions for the experts
Hi,
Found a property in a good location, minutes away and no traffic (big problem here) to huge employment areas.
House for sale is on a private side street, custom built 2002, surrounded by 4 other 50 yr old homes ...
Joanna Golden
Tax help! deductions for EOY and no rental income yet to offset!
HI Friends! Was hoping someone with experience could help. I just bought two duplexes in Cleveland and will have work done to them, there will be many expenses I have for 2018 as I just started an LLC and besides reha...
Barbara C.
Help start up
Hi, I'm new to BiggerPockets and have a few startup questions: Do I have to wait until I have an LLC set up before I can actual do any transactions? If so, how do I handle this when I file my 2009 taxes? Also, I suppo...
Jesse Stemle
How can I avoid paying capital gains tax on my live-in flip?
Hey Everyone!
I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to...
Adam L.
LLC taxes on a Limited partner equity investment?
So not sure if this is in the right subforum.So I and 3 friends created an LLC to invest in a larger RE operation. The big company buys 500+unit apartment complexes and BRRR's them, offering 'shares' as Limited Partne...
Julie Fullmer
Question for CPA; Capital Gains, lump sum or payments?
My Mom and her husband are selling a property they lived in for the last decade or so. This money is their retirement. Sales price of about $259K The buyers want to pay 100K down then make payments for 5 years with a...
Jackson Long
Future of Tacoma market
What do you think the next few years are going to bring to the Tacoma Market? Do you think we're at the absolute Peak? And if so do you think we're going to drop or do you think we're going to continue to climb and ...
Elio Guillen
Newbie needs your advice. Should I hire a CPA or use Turbotax?
I purchased a turnkey investment property mid December 2016 and now it's time to file my taxes. In hindsight, I should have probably waited to make the purchase early January to avoid this issue, but I guess you live ...