Ken Badziak
recharacterizing ira tax implications
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
Paul Hoeppner
Keep renting or sell?
Thanks for reading this post!I purchased a condo in October of 2009 for $115,000 as my primary residence in Las Vegas.December 26th, 2012, I did an FHA streamline to lower my interest rate to 3.75%, however, the PMI i...
John Mark Pollard
LLC or just an umbrella policy???
Hesitant to beat a dead horse, but maybe you're like me, steal struggling with the decision of starting an LLC or not. I'm still weighing my options and have not made a decision. However, from a liability standpoint ...
Alex S.
Quitclaim & Gift Taxes
In 2008 I purchased my mother a house. In March I found out she was facing foreclosure. She didn't want to tell me, because she knew I gave her the house to live in and not borrow money against. So anyway I paid the m...
Luca Giani
Flip Houses: LLC and operating agreement?
Hello,I am planning to start with the first flip in Southern California. I know the market is not the best for this kind of operation at the moment but if I will find the right deal we are ready to pull the trigger.I ...
Wade McMaster
How do I look up the owner of a property? Also, advice please
I live in a large, seemingly mismanaged apartment complex in an area that usually commands higher rents, and I'm studying the property, turning it over in my head. I think if I could contact the owner I could probably...
Karen Leonard
Property Tax and Mortgage Interest paid from escrow in 1031 exchange
I am in contract to sell an investment property, and the proceeds will go to the 1031 QI that I've identified. The preliminary Seller's Settlement statement plans to pay the prorated property tax, and mortgage interes...
Chris Bluem
Entity Structure and Tax Planning
Hi, I am looking for recommendations for firms that provide setting up correct entity structure (S-Corp on operating side / LLC on non-operating), and also provides tax prep and planning. Real estate and short term re...
Kathleen DeNault-Ridge
Newbie passive investing strategies
I would like to get involved in RE as a retirement strategy. I am more interested in long-term investing rather than cash-flow. With my full time job, my young family, and limited available time, I have been recommen...
Damien C.
I am looking for an accountant with RE experience / Boston area
Hello, friends.I am looking to hire a new accountant to do my 2017 taxes, which involve pass-through LLC rental income.If anybody knows a solid account who has experience with small rental portfolios and who they'd re...