I’m going to have my property available to rent soon and received and email from a parent letting me know that they are very interested in the place for their daughter who will be attending college in the area. They a...
I have a potential tenant just starting college who we showed a unit to yesterday. Her father was at the showing with her and he is the manager of her trust fund, which will be used to pay the rent while she’s in scho...
Are we allowed to pay off mortgages with our business account(S-Corps) if we transferred the funds to our personal account? Both are under the same revocable trust account. I have called everyone including the IRS in ...
Curious about tax benefits, if any, with a Cook island trust. If the trust sells a property in the US, is it subject to the same capital gains as a US resident or US trust?
Hi - I am getting a land trust in Florida with a LLC as a beneficiary to get a rental property in the trust. This LLC will have a WY LLC as a member for charging order protection. I have been reading some tax laws an...
I have a contractor who is also a friend but he is over charging me about 20 to 30% over other estimates. I used him for many projects in the past and very satisfied. Also, he is my go to guy in case fixing is neede...
Hi I entrusted my tennant with$400.00 for an electrician to be paid for work that was expected to be done. The electrician came and said I need a new hot water service but he didnt charge me anything.my tennant took i...
I have a handful of properties that I’ve been scoping out in my area that are perfect homes for flips, (boarded windows, paper on door, unkept grass, no realtor sign on lawn etc) I wanted to get into wholesaling but d...
I am a new investor and I have found a property I am very interested in purchasing for rental purposes. The current owner is suggesting to change the beneficiary on the trust to me in lieu of a recorded sale. Stating...
Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...