Can you file 2 years of 1040's for a person that passed away in 2022 but has income for both 2022 and 2023? Or would you have to create an EIN and file 1041 for 2023?
I recently created a TX LLC to buy and hold rental properties. The LLC has 2 members and when I registered to get an EIN with the IRS, my registration got switched from an LLC to a Partnership. The IRS website mention...
Does anyone know how long it takes for Fulton County to serve dispossessory warrant? I completed my paperwork and I need them to serve the warrent so I am just wondering how long that usually takes.
Someone asked me this question, and I did not know the answer. What happens is someone gets an S Corp for flipping but does not do any deals the first year? Does he need to file a return? I would imagine the answer...
Hello BP I had a couple of questions for you about the attached RE ownership structure. Specifically:1. For the WY LLC that has a S Corp taxation election does it operating only as a holding company for the other LL...
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
I am buying a rental property in Ohio, I live in California. Should I file my LLC in California or Ohio?
I recently created a Single Member LLC, mainly because I don't have trusted partner(s), so I didn't have a choice.Is it true that SM LLCs do not have to report federal taxes and all profit/loss activities should be re...
The Milwaukee Small Claims court has a nice set of resources, including forms, available, but the Summons and Complaint form seems to imply that only the plaintiff (landlord?) or an attorney can file it (there are onl...
Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...