Laura Kreinbring
Tax Advice, long-time tax platform user depreciation basis adjustment
This property is in the north end of Wisconsin. I used to live in this duplex and I moved out to convert it to 100% rental and refinanced. Other topics I have researched about changing the basis include "you don't tra...
Michael Cross
Tax Return Needed? - Single Property New 2018 LLC No Income
I created a new LLC for a property i bought with a partner in October 2018 to rehab and rent. We are still rehabbing that property so have not made any income from it yet. Renovations should finish this month.Do i nee...
Peter Fokas
Documenting 750 hours for Real Estate Professional
Anyone recommend any log book template for documenting the 750 hours required for qualifying as a real estate professional? Any software programs available to help make sure all pertinent details are recorded that a ...
Kendall Morgan
How can I stop my house from being sold @ tax deed auction..
Okay, wow... Where do I even start. Originally BP started as a place to help me expand my knowledge and further my career in REI. Now, I am reaching out for help regarding my OWN home. In 2012 - I bought my house for...
Account Closed
Civil Case on Tenant & She Files Bankruptcy
Hi - I have a civil case going against a tenant and the tenant recently announced she was claiming bankruptcy. I was days away from a default judgment because she never responded. Now there is a stay noted on the case...
Tony Marcelle
Jefferson County Alabama eviction notices
Do they provide a list of eviction notices online? or would I have to get that in person at the courthouse?
Aaron Marx
Do I have to register as a foreign LLC if my properties are out o
I just bought a duplex in Iowa that will close in the next coming weeks. Do I have to register in California as a foreign LLC if that's where I reside I will not conduct any business in California yet I will be getti...
Veronica Thomas
Tax credit for historic building
Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
Julie Falen
Subject-2 buyer not performing
I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow. Buyer sold the contract to someone else. Balloon was due in 2018. He has not performed, has not paid taxes or insurance so my balance went way up with ...
Adriel Cisneros
For a syndication, who files Form D? The Fund or their Attorney?
My partner and I are LPs in a real estate Fund in northern Texas. After locating the firm's Central Index Key (CIK) number on NASAAEFD, we observed they filed (2019) only once, but under the name of the Fund, not the ...