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I had one of the properties im subdividing surveyed, and it appears there was a carport encroaching about 3-4 ft on my property. The property is managed by a property management company. I tried contacting the proper...
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Hello, I was working with a contractor to do some painting and didn't like the work and decided to let them go. This involves 2 properties. The 1st floor was painted at both places and 2nd floor remained to be done. T...
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I'm preparing to file my taxes for my LLC. Since we didn't have our rental units yet for last year, the only cash event that occurred was the cost for forming the LLC. Total amount was less than $500, so I'm wonderi...
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BP family, The tenants live in my first and only rental property paid a half of October's rent and told my PM that they are having a family emergency, but they will pay the rest of the rent they owe on 10/27, and ther...
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The mortgagor of one of my "sub2" deals asked me if I would be effected if he/she files bankruptcy. Currently home is deeded to a land trust. I own several "sub2" homes and this has never come up. Has anyone experi...
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I think I'm in the right forum for this question..I have a lead in Medina county Texas with some acreage and a house on it.The heir waited to long and never started the probate process after his mother passed away. ...
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Do you just file the AOM or is other supporting documentation required? such as the original mortgage
Hello my name is Latoya, and I am in a tough situation and I need some advice and guidance. So, a year ago I have been renting an apartment from a management for about 5 years. I actually liked my apartment that I was...
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Hi Friends,
I am a real estate investor who recently relocated to Florida. I just set up a LLC for the five properties that we own and will be filing taxes for the LLC for the first time. Looking for advice on pitfal...
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As a wholesaler..when income tax season comes do I have to file income tax for any of the properties I wholesaled?...
If yes or no..what else am I required to report on income tax?
Thank in advance!