Rachid B.
tenants bills issues
6 March 2020 | 10 replies
Your strongest position is to bill your Tenant as you normally do in addition to base rent and then file a 'Notice to Quit for Non-payment of Rent' this will be the most enforceable and quickest way to remove the tenant in most, if not all, states.
Teresa Thomas
CPA question for taxes
7 March 2020 | 12 replies
IE I have companies that file in North of 30 states, but I am only licensed in NH.
Kase Knochenhauer
Why does not one talk about Solo 401(k)?
7 March 2020 | 5 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.
Melinda Brown
Sell vs Rent and qualifying for capital gains exemption
5 March 2020 | 2 replies
Generally, if you have lived in the place for 2 years of any 5 year period you don't pay capital gains on the first $250k if single or $500k if married filing jointly.
Daniel Suarez
2 member LLC taxes question
7 March 2020 | 5 replies
You will need to file partnership tax returns (technically an 'information' return) and the LLC must issue a Schedule K-1 to yourself and your partners.
John Stewart
Wholetail in Chattanooga
5 November 2020 | 3 replies
I have not filed for 2020 yet, but I imagine that I will have to pay short term capital gains!
Ginger A Kinney
Eviction process and notices
5 March 2020 | 2 replies
DO I still have to give a 3 day notice to file eviction if they don't leave
Marcele Johnson
What should I do next?
6 March 2020 | 6 replies
Hi I’m in the process of closing on my first multi family deal a duplex which I will be living in as well with my girlfriend and next year she wants to buy something or we can go in on something together but we don’t know if we want to flip a house or another multi family because she just filed bankruptcy last year and we don’t know what our options are for the next move so can someone please help me out cause I was thinking buy another building but she said a house anybody have any suggestions?
James Piercy
What is your most creative commercial loan?
6 March 2020 | 3 replies
The more versatile and available your capital stack the better off you'll be trying to navigate similar situations.
Fausto Carosella
Credit/Debit Taxes on 1031 Exchange
6 March 2020 | 4 replies
Esp when it's not much and your accountant can always adjust when it's filing time.