Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
@Jeff Love Here are the things that many CPAs support their clients with:Understanding tax impact of short-term vs. long-term vs. flip before you buyWhich entity structure is best for goals and investment property typeTax and compliance on LLC or S-CorpHow to transfer property out of personal name into LLC (hard to buy 1st through entity)Ways to optimize taxes throughout the yearHow best to set up accounting to track income and expenses (doing this late is a mess)Feedback on property management systems, accounting systems. systems, etcEstimated payments to avoid penaltiesKnowing when to file and getting things in on timeMaybe a few things I missed, but this is the high-level ….. if you can get answers to the above questions on your own, plan, and file your own taxes then you can avoid the expense of a CPA.
Christopher Jennings
Hello from a new member from Gilbert/Phoenix and the surrounding cities
28 January 2025 | 8 replies
I just saw that Antonella Parra Gonzalez, a third-grader at Harris Elementary School in Gilbert Public Schools, recently received the Arizona English Learner Students Success Story Award.Here in Austin, many investors are asking me to set up searches in Eanes ISD, Round Rock ISD (that also cover some homes within the Austin city limits), and then of course Leander and Lake Travis ISD.
Abhijit Roy choudhury
FINCEN requires Beneficial Ownership Information filing JANUARY 1, 2025
27 December 2024 | 4 replies
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.
Noyessie Hubert
Tenant not paid rent, step for eviction
30 January 2025 | 4 replies
.- still did not receive the check from the NJ Victims of Crimes office.At this point, I want to file for eviction at the end of the month if she delays the event by 1 day to pay her entire rent ( January and February).My question to you professional is, should I inform her of that decision in advance?
Scott Johnson
Scammed by "Estate Legal"
30 January 2025 | 17 replies
If you've been in a similar situation, feel free to file a complaint with the FTC.
Micki Ray Harper
Must an evicted squatter be given notice in a quiet title process in Alabama?
30 January 2025 | 10 replies
At one time, I told people to spend money on a skip trace so they could file the in personam QT lawsuit (the one where you can served lawsuit papers on all defendants) and avoid the expense of the in rem QT lawsuit (the one where you need a GAL).
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
Quote from @Chris Shon:We started an LLC last year and are about to file our first return for 2024.
Paul Zofsak
Condo nightmare HOA issue, need legal advice
27 January 2025 | 4 replies
Quote from @Paul Zofsak: Russell, what's the advantage of filing on my insurance if the HOA is liable?
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
29 January 2025 | 2 replies
Good post.We use a competent SEC attorney that creates all our docs and does the state filings.
Raquel Baranow
Suing utility company for not notifying landlord (me) they shut off electric/ water
30 January 2025 | 5 replies
They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.