Reid Sealby
How do I file taxes on SIGNIFICANT home damage?
Hi everyone!I'm trying to figure out the best way to approach my taxes this year, as it was a bit of an unusual year for our house. Here is the situation...-Ran an airbnb in our basement from Dec. '21 to June '22-In J...
Annette A.
how do you tax file a owner financed payments?
would that funds be filed under sche D as capital gains, but then how do you figure if there is any gain when its not yet paid?How do you file owner financed income?
Jessica Martin
What documents are needed to file taxes when wholesaling
What documents are required to be kept to file taxes when wholesaling real estate? I have a check stub from one of our deals, but the others were wired directly into my bank account. Im assuming HUD-1 statements?Is th...
Rochelle Wilkinson
former handyman filing a workers comp claim question HELP
a little background info here.. I inherited a 60 unit apartment complex..we had a bunch of problems that have since been fixed, I took over full management responsibilities, am loving my new role and moving forward. W...
Ken Van Haitsma Jr
Using a Business Name without Filing a Formal Business
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
Griffin Fehrs
Tricky situation - To file suit over breach of contract?
Hey all,I am hoping to gather some opinions over an odd situation I am in over a potential deal.Recap:Firstly, this is a would-be fix and flip. The seller and I had initially agreed on a sale price and have a signed P...
Curt Smith
How to file taxes on a sandwich lease option
Hi Guys, I searched BP for tax prep help, didn't find any tax prep helps for a sandwitch lease option.Bought on a lease and option. Zero option fee, lease is the sellers mortgage payment: $798/mo. I pay for fix ups...
Raden Mantuano
Your thoughts on cold calling new filed Probate cases.
So i have made a solid commitment to start going to collect weekly (EVERY MONDAY) probate files.I had made the choice to cold call them. 1 because i have been used to cold calls from previous work so it doesn't scare ...
Marc Aragon
Should I tell my tenant I've filed for eviction?
I have a tenant that is two months' behind on her rent. Additionally, her lease ended on the June 30th. It's now July 3rd. There is no provision in the lease for a month-to-month tenancy at the end of the lease. I...
Chris Martin
SDIRA owners required to file 990-T with IRS?
As you can tell I am new to investing with self directed IRA funds. I assume everyone with a SDIRA is filing form 990-T with the IRS every year, right?