Ryan Robinson
Non resident tax withholding
We invest in Maryland (which is where our LLC is registered) but we're considering doing a flip in Pennsylvania. To avoid the non resident withholding tax, do people usually create a new LLC in the state in which they...
Christopher Davis
A few general accounting questions please
Hi, I'm a bit new to landlording/investing and I'm just trying to get mentally prepared for some fun tax filing next spring. Wondering if I may ask a couple general questions to the wonderful community here. In unchar...
Jay Khan
Florida Single Member LLC vs Multiple for Couples
I formed a single person LLC, but I've realized I should have formed it under my wife as she will be main person operating.I was about to start the process to file an amendment to remove myself from the articles of or...
Mark Douglas
Tenant Vacating / Insurance Claim??
I'm going to give a tenant a 30+ day notice to vacate by September 30. Last night, they had a kitchen fire, causing minor damages. I'm wondering if I should have them file an insurance claim, or just keep their depo...
DJ Cummins
So, I am being fined by the IRS. Do I have any options?
Good morning everyone,So last night I got a letter in the mail saying that our business tax returns were never received, and my wife and I are each being fined $195.00. We own 3 different LLC's, and Mailed all 3 retu...
Patrick Britton
need for file taxes for short-lived LLC?
Would I still need to file a return given the following circumstances?1. single-member LLC in Michigan2. formed in October 2019, dissolved in April 20203. no purchases, sales, bank accounts opened/closed, nothing. ...
Jack Slattery
LLC Question
A friend of mine has an LLC that he has never filed a tax return on. Is that legal?
Aaron Vergason
Tax Filing LLC/ S Corp in NY
I recently moved from NY to NC. I have a LLC. that files taxes as an S Corp. Will I need to file a personal tax return in NY for the pass through LLC income (or loss). Or can that be placed on my North Carolina Tax D...
Gabriel Jeroh
How to buy a home while in CH13
What are the buying options for someone in CH13 BK filing? He has very good financial standing, income, credit score is above 650 and has a good rental history. Can lease option to buy be considered? Yes I know you ar...
Ian Lord
Virginia eviction money question
So it appears I may have to go through with evicting a tenant in a Norfolk, VA property. I'm guessing that I wouldn't be able to get them out until late December, and it might take a while to get a new tenant in at th...