Ruth B.
state taxes on rental income - property in a self-directed IRA
15 March 2020 | 4 replies
This is nothing more than the asset performing, same as a stock going up in value or receiving dividends in a ROTH.If your Roth has checkbook control and is in an LLC the state may send you something saying that your LLC hasn't filed taxes.This happened to me.
Fanesca Young
Auction Property - site requiring EMD before contract?
29 February 2020 | 2 replies
I have heard horror stories from Hubzu buyers that can't sell their rehabs because the title company never filed to record the deed.
Reggie Rearden
First set of Business Cards
2 March 2020 | 11 replies
i stopped giving out business cards years ago and just have a contact file of myself I can share on their phone.
Jack Zhuang
Over paid in Tax return, what should I do?
5 March 2020 | 8 replies
You need to file an amended tax return for 2019 - Form 1040X.
David Dachtera
Rent Late, Tenant's Roommate Trashed the Place
1 March 2020 | 14 replies
Rent wasn't paid - File Eviction.
Tom Matousek
First Deal: "Congrats! You're a slum lord!"
1 March 2020 | 7 replies
(This might be common in ruralish areas but I took the time to write this down as it unfolded.)Wholesaler's purchase agreement initially had the wrong addressInsurance policy originally listed 8 units instead of four.Lawyer almost submitted articles organization as a manufacturing company and didn't know you could file for an EIN online.Few accepted digital signatures.
Paul Papamarkos
[Calc Review] Help me analyze this deal
29 February 2020 | 4 replies
You can download the spreadsheet by @ sam tato in the files section, it will give the best estimate of monthly expense.
Anthony Cross
Tax Accountant Help!
29 February 2020 | 0 replies
I've used three different CPA's in filing for taxes each year and have not been happy with my experience (slow to respond, brief if any answers to questions, etc.).
Matt Bailey
Best self-directed 401K/IRA - who do you recommend?
7 March 2020 | 3 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
Zocky Zhang
Sold my house profit tax reporting
1 March 2020 | 12 replies
Were you filing Pennsylvania state taxes or Maryland State taxes??