Shahid Iqbal
Considering filing for 'Specific Performance' - Seller backs away
Hi Pros,I can use your guidance here.I have scenario where buyer signed a contract to purchase a piece of land here in Texas held by a trust. Contract is using standard 'TREC Unimproved Property Contract' with seller ...
Bryan Noth
Tesla files for 'Project Cathode' facility near Austin
Tesla has just filed to build another factory near its current Austin campus, likely involved in the production of batteries. The amount of land initially purchased had many suspecting Tesla may have had larger plans...
Shashank Mittal
Looking for help to file taxes this year
Hi allI have been house hacking my primary residence for the last year renting out my basement. This is my first time filing taxes with rental income. I am looking for a CPA that can help with filing taxes in Baltimor...
Frank Agyeman-Duah
One year of Rental Property Income Tax filing
I currently one year of rental income tax filing which is 2021. I'm trying to do a house hack on for another property but lender saying I need two years of rental income tax filing to be able to use income from my 4 U...
Wesley Mullen
Filing Taxes on your Own with REI Partnership
Situation: I am partnered with my brother and sister-in-law in our real estate investing. We currently have one property (acquired in 2021) which is in both of our names. We both got our own 1099s from the PM.Is it fe...
Julio Gonzalez
Important Things to Consider Before Filing Your Taxes!
The CARES Act was effective in 2020, however a lot of the tax laws and rules that were passed are still able to be utilized for your 2021 taxes. Here are some of the key changes that occurred as a result of the CARES ...
Rehaan Khan
HOW TO BEST FILE TAXES ON A FLIP?
Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...
Tracy Uscinski
Paperwork to keep on file when raising rent
We are about to raise the rent on our rental unit. The tenants one-year lease expired in 2021 and they have been on a month-to-month lease ever since. We are sending a letter notifying them of the rent increase. What...
Tracy Wang
Foreign file in CA vs franchise tax 800
I’m talking to different professionals and get different answer. For an out-of-state LLC holding rental in that state, I know i will need to pay $800 franchise tax as CA resident, but do I have to foreign file in CA ...
Bryan Noth
Tesla Gigafactory files to significantly expand in Austin
Tesla has filed a series of plans with the Texas Department of Licensing and Regulation(TDLR) to construct proposed additions at the campus. The six filings, registered between Dec. 20, 2022, and Jan. 10, 2023, total ...