Hey @JorgeMagana we had a great experience with them, The change in accounting and amended return cost us around $2k so we ended up getting a check for almost 30k. 

They weren’t thrilled about moving, but we worked with them—returned their deposit and offered cash for keys to help them transition into a new rental.

To make it easy, you can't buy in an LLC unless that LLC has two years of tax returns or if you are buying in cash.

What is your projected ConC return with 20% down and 60% occupancy?

The WY LLC was named as managing member of the TX LLC .Also should I consider having only myself as the manager (and not add my spouse) - otherwise it becomes a partnership and I would have separate cost to file a partnership return? 

Focus on growing your business profile to transition away from this.Documentation: Lenders often request detailed financials and tax returns.

Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.

You can do cost seg in 2025 before filing your tax return, and your apply for your 2024.This post does not create a CPA-Client relationship.

Proc. 2018-58 -SECTION 17.02(1)'s provision that "However, in no event may a postponement period extend beyond: (a) the due date (including extensions) of the taxpayer’s tax return for the year of the transfer."3.

Sold on 11/22/2024 for $110,000, this project highlights our strategic approach to revitalizing homes and delivering exceptional returns for our partners.