Hello, hope you are healthy and safe.
I'm very aware of section (s.) 212.02(12), Florida Statutes (F.S.) which states ALL money collected from a tenant in a Commercial Property is considered rent and as such it's sub...
I'm paying sales taxes for my supplies when I flip a house. The IRS considers my house as inventory since I am a dealer. If this is inventory, I shouldn't have to pay state sales taxes for the supplies -- but I don't ...
I am doing couple of rehabs and wanted to bounce some ideas on possible ways of savings on taxes (legally). I have never put too much thought on taxes but with sales tax, and income taxes later, it can be substantial....
Does reno house in florida require paying sales tax on buying materials and labor?
I will be purchasing an efficiency motel next month in Indiana and the seller told me today I would have to file for an RMC and have to pay 7% sales tax each month on rent collected. The question I have is:
Is there...
Bigger Pockets Community,TL:DR - buy now or wait to accumulate bigger safety net.Two fresh real-estate investors to-be would greatly appreciate your feedback. My roommate and I are fresh college grads who are going to...
I am doing my first build as owner builder and getting confused with that’s the best way to manage construction/sub-contractors like GC/builder.
I have registered an LLC and incorporated business with contractor lic...
Sen. Robert M. Hertzberg (D-Van Nuys), introduced as SB 8 immediately after he was sworn in Dec. 1 According to the LA times, it would extend the state's sales & use tax to services. Healthcare and education serv...
An interesting proposal to make local bans on STR's illegal.https://www.live5news.com/2023...
Hi, I am a new member here in South Florida, I am doing what I think my post people are doing by joining this site. Looking for freedom. I had that freedom before the financial crisis as I was self employed making gr...