I own a rental and the roof was in bad shape and the insurance co notified me it needed to be replaced or they would drop us. No biggie, I new going into it that it would need to be replaced soon so I began getting qu...
My CPA retired in 2021. I am doing my own taxes for the first time in years with Turbo Tax program for 2022. I have multiple properties & small side business of less then $5000 a year. I have gone through the prog...
Does anyone use Keystone CPA for their financial advising and Tax preparation? I am looking to get a real estate tax advisor to ensure I get the best deductions and wanted to see if anyone had any experience working w...
We just set up our LLC in Illinois to flip houses. I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership. I'm all for S-corp except for the requirement ...
Unfortunately, our tenant decided not to pay anymore with 2 months left on his lease....so I'm READY with the papers to FILE for failure to pay tomorrow at district court....But I just called my client and told him......
I have heard this is a no no, but I don't recall ever hearing why it's bad.I have confirmed hail damage on three roofs. Is there a down side if I file these as a claim? Am I guaranteed the policy will be cancelled? I ...
I want to share a quickbooks file that I set up with a JV partner of mine and am trying to figure out the best way to do it? I have QB Pro 2014. It would be nice if we could both make changes, otherwise it might sti...
I hit a snag recently. I consulted a local attorney in California for an LLC in Michigan. He declined to file after wasting a week's time. I've been told by conventional lenders that I need two years of steady work ex...
I purchased my first property this year and I am researching how I should file taxes next year. My property is operated under my LLC and I use business banking accounts. Can anyone share their method for filing taxes?...
This title of mine will not attract many of you I guess, sounds boring.
But if anyone made it so far and is reading this, I want a simple way to make offers from my computer without having to print a real estate agr...