My goal was to clean up some of this paperwork since I had four LLCs. (1 LLC partnership for rentals, 1 S-corp for flips, 1 for SD IRA, 1 C-corp) I am closing the C Corp. so now my LLC partnership will show up on my personal tax return on schedule C or E which I do not want.  

or you don't know me.... my inventory is not dead and my clients don't need to do any of that LOL.just e mail me.. :)   1600 notes in the last 5 years..

Maybe a week if it required a lot of work, if not just a few days to touch up paint, new occupancy permit, make w/e small repairs necessary, then move it.

The fact that it's not reported on your Schedule E makes establishing the investment intent sketchy for sure but not a statutory requirement. 

@James E.

I was sent an invitation to the IRS to review my 2015 and 16 federal taxes. I read that you are allowed to record the examination as long as you provide a 10 notice in writing. As o did such, the examiner called me an...

Originally posted by @Ryan E.

Tax Question about deductibility of an annuity surrender charge in 2017.If an annuity is cashed in to buy rental real estate and there is a large surrender charge, can that surrender charge be deducted on:(1) Schedule A as a misc itemized deduction for 2017, or(2) Schedule E as an expense to acquire financing to buy rental properties?

@Derek E.

@Trexie E.