
10 May 2024 | 15 replies
My understanding is that whatever "net income" I have from my rental is taxed at whatever income tax bracket my wife and I are in.My wife and I file jointly and our taxable income puts us in the 25% bracket, so my understanding is that if we make say $4000 net income from our duplex then we pay $1000 in fed taxes on that.Are you saying that is incorrect?
10 May 2024 | 17 replies
If that means you only need come up with less from your own pocket that is fine.Your accountant sets up the schedules for your property using form 8824 when they file your next taxes.

9 May 2024 | 3 replies
If you've already filed your 2023 tax return, how did you list this property?

9 May 2024 | 5 replies
You could then sign a retainer with said attorney who handles the rest of the process (title searches, filing fees, etc.).

8 May 2024 | 9 replies
I don't know who I would file an ejectment against.

8 May 2024 | 1 reply
I’m determined to not get 1000s of dollars behind and am ready to file notice on all 3 if their situation doesn’t come in line in the next few days.
9 May 2024 | 9 replies
My wife is concern that if I file the report and that would be consider harassment.Shoud I report him to the Sheriff?

14 May 2024 | 201 replies
And my builder is not the one filing for permits, my architect is a full service, they have submitted everything in an expedited fashion.

9 May 2024 | 43 replies
Once you have filed that with the state and you receive your operating agreement, you will go to a bank and open a business checking account in the name of the LLC that you have created.

8 May 2024 | 4 replies
Upon digging deeper I realized that the owner of the LLC has properties nearby(some have nice houses built), the LLC office is also nearby, and the owner has many other companies on file.