Quote from @Paul Zofsak: Russell, what's the advantage of filing on my insurance if the HOA is liable?  

Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.

They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.

Good post.We use a competent SEC attorney that creates all our docs and does the state filings. 

Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.

The case is in court right now with the lender filing a case to foreclose and the borrower filing a counterclaim against the lender:Here is what I have found reviewing this case:1.

My thought was that I would need a tax guy/accountant to file for this year now that I purchased a duplex.

The forms are online, and it costs $100 per filing. 

It's a one time free filing made to the FINCEN. 

However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.