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Results (10,000+)
Sheena Varghese Flip taking longer than a year and tax implications
22 November 2024 | 12 replies
I personally recommend working with a CPA who prioritizes integrity and accurate tax return filings, so that if you're ever audited, you won’t face back taxes, penalties, or interest.
Greg Seivert How much in tax deductions should I really take
21 November 2024 | 2 replies
You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring. 
Nakul Patel LLC formation question
19 November 2024 | 5 replies
@Nakul PatelCalifornia is generally more cumbersome than other states when it comes to taxes and filings.
Isuf Aruci Land development & Spec building
22 November 2024 | 7 replies
Do you have the knowledge in this filed of realestate ? 
Karl Kauper Worst-Case Scenario Eviction - Massachusetts
21 November 2024 | 10 replies
You file for eviction and they employ multiple delay tactics that extend your court case 3-6 months without batting an eye, all while not paying rent.
Carlos Moncada Realtor Lawsuit Settlement
19 November 2024 | 4 replies
I've filed the claims.
Heidi Fahringer Interview Questions for Prospective REI Accountant
19 November 2024 | 8 replies
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?
Fahima Hilal Problem with architect
22 November 2024 | 24 replies
I don't know if NJ is the same but in NYC you need to file the drawings.
Vidal Gonzales LLC or not?
20 November 2024 | 3 replies
I know the LLC needs to be filed in the state that it does business. 
Karl Kauper Evictions in Worcester, Massachusetts Area
20 November 2024 | 8 replies
Once you have them served and file the papers with the court, the court will assign a First Tier Hearing - basically a mediation session where hopefully you are able to work out a move out date certain (with the tenant paying use and occupancy).