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Results (10000)
Angelo Llamas Taxes on a new rental
30 December 2024 | 6 replies

Recently bought a rental that I am living in and will start to renting it out early next year. I’ve done my calculations and have seen that I will be breaking even with this investment day one. On a rental that’s not ...

Kyle Doney Need Capital Gains Tax Advice
8 September 2014 | 4 replies

July 13' my parents gave me a loan for my primary house because I am self employed and had a hard time getting a loan. I should be able to get a loan after tax season and buy the property. Since they are helping me ou...

Jennifer Lee 1031 exchange on duplex deed separately
23 February 2015 | 2 replies

Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopeful...

Robert Chiang Loan Officer Request Questions- Are These Standard??
19 October 2015 | 5 replies

I'm getting prequalified for a loan at a large national bank.  He requested for my pay stub, last 2 years tax returns, any applicable w2 and k1, and 2 months bank statement for source of down payment.  This all seems ...

Chanel Realegeno How do you go about doing due diligence?
30 July 2009 | 8 replies

I wanted to ask the experts here how they go about doing due diligence on a property. What is your process and what I should be looking out for?

Thanks,
Chanel

Michael Fortier Tax Preparer in Lubbock
31 January 2018 | 6 replies

Does anyone know of a good preparer in the Lubbock Texas area? Last year as my first year with a rental house and I have always used Turbo Tax in the past to do mine.

Dustin Dummer 1031 Exchange Question
5 July 2022 | 5 replies

I found an interesting deal for a lake home that could serve as a primary home with 2 apartments below. I’m considering purchase options. 
Option 1 - I can sell my primary home and purchase the lake home.
Option 2 -...

Carol Lam LLC for rental property
11 April 2023 | 3 replies

Hi,I live in california, but I find a property that I am interested in.  In california, an LLC costs 800 minimum tax payment.  Is there a way I can set up a LLC outside of california?  If so, which state is the best? ...

Alex Yakubovich Tax Questions and 401k Contributions Guidance for Two-Member LLC in a Community Prope
23 September 2023 | 1 reply

We established an
LLC at the beginning of this year, with just two members – my spouse and
myself. We reside in a community property state and file our taxes jointly as a
married couple.
Throughout this
year, we...

Robert Hastings can i sell to my LLC (philadelphia area investor)
5 March 2016 | 6 replies

i am renting 3 properties.  when i bought my first rental (rental 1) in 2013, i was a noob.  i didnt read much on this forum but i knew the property was a good deal.  the home is in my name and only my name.  in april...