Leslie Posvancz
Ohio LLC, living in CA
Hi all, new here and I see this has been discussed before but it’s been a few years. I’ve recently formed an Ohio 2 member LLC (my husband and I) for a SFR I’m closing on next month. I live in CA. I understand I’ll ne...
Kelly Miller
Went to go get probate information - FAIL
Today I went to the city courthouse to get probate cases within the last six month. I went to the correct office, but they seemed as if they did not want to help me. Is there somewhere else I can get probate cases??
HJ Wang
Rent distribution to partner. What expense is it
Hello, i own a rental with another person. I collect the rent and send half to her. I sent her a 1099 for all the amount I send to her. But Im not sure where to enter this expense in my tax return. I only see specific...
Calum Bressington
Has Anyone converted a multimember llc to a sole member llc?
Wondering if anyone has converted their multimember LLC down to a sole member LLC and what the process is, all I have found on it is to fill out form 8832. Also, I won't do any buisness this year through my LLC so wi...
Dima Sereda
Filing Income Taxes for a Fictitious Name Business
Hi there. I am in the beginning stages of setting up my real estate business and have filed for an FBN to get started. I am not ready to start an LLC or an S corp at this time and will not until I have done at least a...
Matt D.
How to get info from probate files in Maricopa county?
Hey guys, I'm new to investing in the Phoenix area, and looking to get started with wholesaling. I want to market to probate properties, but I've been pretty overwhelmed with the process of finding the relevant inform...
Matt Gooding
Looking for input from fellow investors on how they do taxes
New investor here who recently closed on my first 4 units. The 4 units are owned under a LLC that is set up as a partnership between me and my wife. I recently met with a CPA to discuss my tax filings for next year an...
Keith W.
Problem using HELOC to purchase Real Estate
I have about $80K equity available in my primary residence. I also have an investment property that was purchased and held in an LLC. The bank is requesting all kinds of documentation on the investment property includ...
Adrian Brown
Single Member LLC with both spouses
I understand that me and my wife can both be on our Texas LLC, and we can still file as a Single Member LLC so that we have a disregarded entity from a tax perspective, but we still have the liability protection. In f...
Tamara Dioubate
Need a CPA for REI with W2 employment
Hi BP Community,I've already filed my 2021 taxes but I want to connect with a CPA with experience in real estate investment filings in the New Orleans area to prepare for 2022. We are focusing on purchasing a multifam...