Property owners can file for an emergency court hearing, significantly reducing the time required to remove squatters.

If they fail to pay, then you can consider taking them to small claims court or filing with a collection agency. 

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Is it by filing 1065 and generating K1's or is there more to it?

I think PG&E actually filed bankruptcy from that.

When asked what they did, they advised they filed it away.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

@Nakul PatelCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

I've filed the claims.

Below are some important things for you to be mindful when you have to file a partnership tax return1) A partnership return generates a form K-1 that each investor will need to complete his / her tax return.Will the accountant be able to complete the tax return by April 5th to give the investor/partner enough time to file his individual return?