The contribution to Traditional IRA will be tax-deductible so while you use after-tax dollar to make the contribution it will be recalculated when you file your taxes and you will get a deduction for it. 

Hello,  Does anyone knows if one needs to file taxes in all the states that a certain DST is a part of?

Compare that to the number you used when you first filed taxes after putting this property to use as a rental.I'm not a tax accountant, so I more than welcome any corrections to the above.

Two high-salaried W2 employees filed a tax return with $0 income, attaching this creative argument:"I am a private-sector worker, not an “employee” as defined in IRC 3401(c) and IRC 3121.

Pulled credit file from all 3 bureau's Purchased BOA Secured CardPaid $75 annual fee for Credit One CardWent to GoDaddy and got Hosting and URL with a coupon code for $1.00 month with free domain, +$9.99 for domain secrecy to prevent telemarketing and such.

Assuming you are from California and assuming you form your LLC out of state (as in Indiana) you will need to create a parallel LLC in California and file and pay state taxes on that California LLC.

However, I would have to declare this gain on my US tax filing.

File for possession.

File a Small Claims Court Complaint - don't evict due to the moratorium - but do sue. 

More than likely, he just needs to document the gift in his tax filing, and as long his total gifts are under the threshold, he'll pay no taxes on it (nor will you - until you sell it).Another option to explore besides gifting: you and he could set up a seller financed deal, where you pay him a small amount each month/year, which would keep his taxable income lower than if he accepted a lump sum payment.Double-check the above w/a CPA.