Consequently, investors may find themselves in a situation where bringing cash to the closing table during the refinance is necessary, which might not be feasible.

YUP unintended consequences of using CC debt . 

@Danielle TranI am a loud critic of transferring properties to LLC’s when it is residential, but for commercial properties I do recommend those be held in a LLC.I would speak to you accountant and an attorney in regards to understanding the tax consequences as well as the attorney regarding liability of the commercial property.

What are the consequences for not filing or how do I go about filing it myself this year?

There’s tax consequences for the partner who is exiting as well as basis issues the accountant should weigh in on. 

There are certainly consequences for that.

You want an advisor that can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.You should also look for a Fee-only advisor who is not going to sell you products just to get commissions. 

🙂Yes.If you keep your real estate holdings in SDIRA any tax consequences are at the time of withdrawals from SDIRA depending on your age.

It could potentially have some big cash flow consequences if you purchase a home that was built before 1978.. here is the state guide: https://www.nj.gov/dca/divisions/codes/resources/pdfs/lead_b...

Only difference with me is mate that I truly take it away hahaNot in it for the dime when it comes to such instances.Engelo Rumora doesn't have a price and NEVER will.Not too proud, just know the long term consequences of converting the sale.Maybe I'm the communist that doesn't want to take money when offered heheThanks mate and Viva Las Vegas