Michael Gee
File taxes before K-1?
Hi all,Can I file my taxes without having to wait for our K-1? My accountant will most likely file an extension for our partnership this year but I have W-2 income I'd like to file to get my refund back so not sure i...
Adam Steinberg
Tenants splitting up, one staying and one going
"I need to know how to go about having X (ex bf) off the lease and the dog as we are no longer together and they have moved out today" - TenantWhat is the best way to handle in order to minimize the most risk + provid...
Account Closed
Schedule E Red Flags
Hi,I looked on my returns this year on my schedule E and on one of my rentals my CPA didn’t put an amount in my utilities section. Would that be a red flag for the IRS for audit? The building is a multi family 6 unit....
Duke Giordano
Passive Syndication K1 Question on File and Amend vs Extension
Hey all, I had a quick question for you as I am a passive syndication investor in multiple syndications in the range of 10+ K1's annually and there are a few K1's that are coming in late but expected sometime in late ...
Tony H.
Need help with depreciation
Hi BP,I cant seem to find an answer to my situation here, unless I missed it. Here is the problem. When I acquire the my duplex back in 2017, the tax assessment for the land was about 50k.I subtracted that from my pur...
Adam Orr
Updating a Recorded Note
I have a performing note that I filed at the courthouse. The problem, I had to change registered agents. Now recorded lein has the wrong entity address. I've been looking for the best way to amend and update the reco...
Ivan M.
Should I amend last year's return or not due to incorrect depreciation?
Hi folks, I frequent the forums quite a bit but don't post a lot. Perhaps someone has a little experience with my question though: I have one rental house and do my own taxes (maybe I'll rethink that last part...we'll...
Bill Fearon
100% Bonus Depreciation
I believe the US Senate added HR 9395 (the bill to modify bonus depreciation back to 100% for 2023,2024 and 2025) as an amendment to the FAA reauthorization bill in the Senate. Does anyone know if this now has to go b...
Account Closed
Questions about Form 3115
I have a foreign rental property that's been in service since 2011. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...
Janiece DeFreitas
HOA bylaws Contradiction
Has anyone experienced the HOA saying one thing but documents say otherwise? For example, an HOA is telling me via email that STRs/MTRs are not allowed and a minimum of 12 month leases are required. However in written...