It's crucial to consult with a tax professional who understands the nuances of your situation to determine the most appropriate and cost-effective method for your tax filings.

@Chris Kay finding a quality, cost-effective contractor is extremely difficult:(There are thousands of contractors that are great talkers, but rarely perform within budget.Standard bait & switch is to lowball a bid, then once they get started all sorts of things "pop up" that somehow their bid didn't cover.

It really highlights the value of having strong partnerships, effective marketing, and a sharp eye for profitable properties.One takeaway here is the importance of leveraging connections and networks to identify similar quick-turnaround opportunities.

You started with the $ you saved that had effect of securing just 1 property.

Find the notices and deadlines for each hurricane here: https://www.fincen.gov/boi• Reporting companies created on or after January 1, 2025, will still have just 30 calendar days from actual or public notice that the company’s creation or registration is effective to file their initial BOI reports with FinCEN.• As indicated in the earlier FinCEN alert titled “Notice Regarding National Small Business United v.

Hey David, ADU's can be really cost effective and great return on your investment.

Also, your total returns go down without any leverage because you lose the multiplier effect of appreciation.Now, to answer your question.

If you need the lawyer's name let me know.So now I'm sitting on owning an empty lot and still making loan payments.

Then you add the compounding effect of hurricane Dorian and it was crickets.

This decision effectively reinstates the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements nationwide, pending the Department of the Treasury’s appeal resolution.Click herefor the full article which includes the new reporting deadlines.