Leonard Brown
Evasive inherited tenants
Hey BP community. I’m new to the investor side of things and have run into a dilemma. My partner and I just picked up several occupied rental properties in Philadelphia last month. When I completed the initial walkthr...
Anthony Green
Capital Gains tax evasion
Me and my wife have lived in our home for almost about a year and a half. We have gained quite a bit of equity in our home and are wanting to move into a larger home. We have found out that since we haven't lived th...
Manuel A.
Evading Taxes
Check this out: http://www.nydailynews.com/news/world/report-21-trillion-hidden-taxman-offshore-accounts-article-1.1119613
So, $21 trillion (which is a low guess they said) taxed at USA's top bracket of 37% gives us...
Joe S.
BOI injunction reinstated again today??
Someone just emailed us and said the BOI injunction was reinstated again today by the 5th circuit. I did not want to simply rely on one source so I figured there are people here that would be up-to-date if such a mann...
Sean Mills
Rental Properties at the Centre of new CRA tactic
https://www.cbc.ca/news/politics/tax-evasion-proce...For those Canadian investors on here the CRA is now using a new tactic to go after tax evasion. The case mentioned is specific to rental properties owned within a ...
Jack B.
Buyer wants to pay me cash for part of the transaction
So an East Indian couple who are techies are interested in making an offer on my house but were curious to see if I would be willing to accept part of the payment in cash. For example: If the house is $1,000,000 they ...
Dave H.
My Bank requires contractor for work. does contractor need 1099?
Its an insurance job for 10k. Bank wants a licensed contractor to do the work. Does the contractor have to fill out a 1099? He's a friend and he would prefer not to. Any downside to not doing the 1099? Thanks.
Dominika M
Canadians - use relative in US to get conventional financing?
Hi Canadian investors in US and US partners,
It is difficult for Canadian investors in US to get conventional financing or to refinance to get cash back out. Is there a way to partner with someone in the US (so they ...
Ashley Jones
What’s the repercussions for no longer wanting to sell your condo
I can’t call any real estate attorneys since it’s the weekend & won’t know till Mon. I have a contingency offer where I need for my place to sell if I buy. I was under contract for a property to buy & no longe...
Sam Robbins
Financing, tax questions - what to do as self employed?
Hey!I recently purchased my first property, a 3 bed/3 bath zero lot line (shares a wall with another house but no HOA) in Nashville. I’m fixing it up and planning on renting it. I’m self employed, and had a co-signer ...