I recently purchased a MHP in NC and have not been able to locate the owner of an abandoned trailer through the county tax records.
Do you know the NC DMV process for obtaining title to an abandoned trailer? It's...
Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...
We bought a property for flip last year and we have completed all the work last year but the house is still on sale. All construction expenses are incurred last year only but the house is still on sale. Should I be fi...
I Had lunch with my property manager, and she told me that a tenant can file for bankruptcy protection and not have to pay rent until a judge makes a ruling. And, she added that you cannot evict them in this case unl...
Background: Just starting out, and I'm trying to wrap my head around how to get set up. Strategy is to BRRRR or buy-and-hold SFH. Great personal credit (780+). Planning to start small and grow into something bigger th...
Quick question for a savvy CPA:
If I own property in a state like Indiana or Tennessee with an LLC formed in FL, am I liable for state income tax in Indiana or Tennessee for the income generated through renting the p...
Strange situation. We had an eviction filed in January, and it was granted on March 5 by default as the tenant never shown up for the Court date. It was sent to the Sheriff to serve. Since there was a backlog, there ...
While researching probate case files, I come across the following scenario quite often:- There's no Estate Inventory sheet in the file- The Decedent (the deceased) has a property registered in their name, which is the...
I have a few properties and need to put them into 1 or several LLCs anyone knows a ball park of how much it costs? And would there be any online services to get this done properly and cheaper?Thansk
Hi everyone,I am an investor in Washington DC, and currently have a single-member LLC that is treated as a disregarded entity for federal tax purposes. My question pertains to local business taxes in Washington DC. I ...