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23 September 2024 | 9 replies
In Florida and in my county, I'm looking at the follow for each LLC:- Business Tax Receipts filing every year- Home Occupation License (may or may not need this for an additional LLC)- DBPR License annually- FL State annual report- Tangible Tax filing (and this one is a B***CH)- And now the new BOIR
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16 September 2024 | 7 replies
You probably need a lawyer and to investigate the current state of the bankruptcy proceedings.
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25 September 2024 | 17 replies
After that, think about hiring a bookkeeping firm that specializes in serving REIs.Regarding hiring a CPA/tax pro for tax advisory and/or tax filing, I'd wait until you purchase your next primary and convert your current primary into a rental.
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25 September 2024 | 11 replies
Then, usually the mobile home parks have to do something to get rid of the home or they can file for abandonment and take back the home.
28 September 2024 | 19 replies
A trust requires changing Title/Deed to the trust, but at least its on your terms/time and no probate filings.
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23 September 2024 | 8 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
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24 September 2024 | 22 replies
I have to file an addendum or contingency clause covering it.
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24 September 2024 | 11 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
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23 September 2024 | 6 replies
The warranties always take a lot of time, and you will either end up filing a warranty to find that it is going to take too long and then purchasing something else the same day, or you will end up giving refunds back to guests while you wait on the warranty to be handled.I learned this the hard way when I first got in to rentals.
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27 September 2024 | 48 replies
On top of that, it's hard to manage a growing portfolio if it's across different markets - something as menial as receipts and documents for tax filing needs to be super organized.