Nishan Akwalia
1031 followed by quit claim deed
HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally. I understand to compete the 1031...
Scott Trench
202-688-8749 - SCAM Phone Number
Hi world, just letting everyone know that I received a call from 202-688-8749. They left me a voicemail:"[...]This filing which you are hiding from the Federal Government. This needs to be rectified immediatetly. So p...
John Voychick
trouble financing after buying new properties
I bought 2 properties in '18 and 2 properties in '19.
I'm having trouble with DTI because the properties I bought in 19 haven't had income for very long during that tax year even though the tenants are going on year ...
Vlad M.
EIN for LLC, all taxed in EIN, not flow-through to personal SSN
I registered LLC and in process of submitting SS4 form to IRS to obtain EIN number.How do I proceed to have taxes filed with LLC's EIN, and completely separate from my own SSN.I want all the rental income/taxes contai...
Ben Kirchner
File married jointly or separate?
My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries). I purchased 2 houses with my own finances in 2017, which...
Lauren Heart
First time Bed Bugs!!! Tenant wants to sue! Advice anyone?
Hi BP Community!One of my SF in the Dayton, OH is reporting bed bugs. They moved in December 1, 2016 and just reported it to my PM this week. I know it wasn't infested 6 months ago, and I have always made repairs in...
Steven Gillmer
Out of state investor tax filing question
Hello all! I own a duplex in the city of Cleveland and would like to know if I need to file a tax return with the City as well as the state. I viewed the website and found a form that appears to be for rental income b...
Billy White
Lost of income ( RENT PAYMENT ) on rental property insurance
Have anyone file on their insurance for lose of income on their rental property and how long of lose income and when to file with your insurance company.
Thomas DeMoss
Changing to single member llc
i set up my llc with my wife and i, each having 50% ownership. This was suggested by my lawyer, but not sure why. I filed my taxes and recieved a $600 bill from my cpa to file for the llc which holds two properties. ...
Harry Williams
What is your filing system to stay organized while flipping?
With all the contracts, documents, invoices, and other paperwork, what is your filing system to stay organized from start to finish?