Jared Watson
Deadlines
Remember when you closed on your project and how exciting it was? I do , but now I am smelling a static, old blanket, musky oder and 9 times out of 10 the budget is a thing of the past.This sounds crazy but some proje...
Eamonn McElroy
IRS Deadline Postponed
The April 15th deadline has been postponed by the IRS to May 17th (IR-2021-59). This postponement is for filings and payments originally due April 15th.Note that the postponement does not apply to 2021 Q1 estimates, ...
Karl Kauper
1031 Exchange Deadlines
Hi All - When selling a property with the intention of immediately buying another building via a 1031 exchange, can anyone recommend strategies for removing or at least lessening the risk of running out of time to mee...
Natalie Kolodij
1031 Exchange Deadline EXTENDED
IRS Released Notice 2020-23 which basically extended ...everything left that was due before 7/15...to 7/15. Additionally, It included some wording that referenced back to an IRS rev Proc 2018-58 which was released a f...
Sacha LaCoss
Contractor not meeting Deadlines
We are in the middle of repairs on one of our properties from a fire, the contract we signed had a required completion date of 3.31.2020. They were supposed to start on 3.2 but didn’t start until 3.9.20. The contrac...
Rick C.
10 Tax Abatement Deadline
Hello Philly Flippers,I am in the process of applying for a 10 year tax abatement on my recently completed flip and just learned that you are supposed to apply for it in the same calendar year that the permits were is...
Lois S.
Security Deposit deadline - California
Just curious .....A California landlord has 21 days to provide a final accounting and return the balance of the resident’s security deposit. The time begins when the landlord regains possession of the property.Does th...
Mark S.
SMLLC Tax Extension Deadline
If someone files an extension and has a single member LLC (SMLLC), is the LLC’s extension due date 9/15 (or 9/16 this year) or 10/15?Even though in most cases it’s a disregarded entity for tax purposes, in Kentucky we...
Harrison Kliegl
Meeting Deadlines with GC's
Hi there, I'm wondering if anyone has some input on how you manage deadlines/construction delays when working with a GC or even direct with subs to rehab a property. I'm living in the Denver area and as we enter the w...
Max Emory
September 15th Deadline Reminders
1st Reminder: September 15th - tax filing extension deadline for partnerships and S corporations2nd Reminder: September 15th - Q3 estimated tax payments deadlineConsult your tax filer/CPA. Don’t miss these!I hope this...