Beth Julen
Can I amend my 2022 return to add rental and depreciation?
20 August 2024 | 13 replies
I already filed my 2022 taxes.
Michael Turner
STR Material participation requirements for married filling jointly
20 August 2024 | 14 replies
@Michael Turner Yes, you can combine time to meet material participation requirements if you're tax filing status is "married filing jointly".
Zack Hawkins
Spec House ( Taxes: LLC vs. Individual)
21 August 2024 | 2 replies
But if you plan on doing more spec homes, the LLC would likely offer more benefits through legal protections (obviously speak to your attorney about this) and potentially tax savings if you look to file as a S-Corp.
Gaurav Vedi
How to create LLC/Scorp structure for Rental properties
21 August 2024 | 7 replies
This is how you avoid liability, not by filing some papers.
Gustavo Alvarez
DSCR Loan Prepayment Penalties
20 August 2024 | 40 replies
Lenders, when we are talking about pre-payment, is that as in paying down the loan completely before the 5/4/3/2/1 period (zero balance), or any pre-payment (as in extra principal payments, monthly or periodically)?
Kandy Andersen
Hurricane Beryl SBA Loan
20 August 2024 | 1 reply
The property is owned in an LLC, but it's a SMLLC, so it's filed on my personal return.
Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
The trick here is to get a signed deed and wait to file it.
Sam Shinn
Does previous owners family have legal standing?
19 August 2024 | 13 replies
In 2023 I filed an ejectment suit.
Christian Nachtrieb
Complicated 1031 Due to Property Being Held in LLC
20 August 2024 | 4 replies
If you filed taxes on that property under ABC LLC you still can issue the K1s and state that there was a sales event.
Linda West
HELOC lenders for investment properties
19 August 2024 | 14 replies
they do ... on principal residences only. ;-(