Hello,I gave 10 rentals to a property manager last year and now I am struggling to do taxes. As the property manager handled all the contractors s I can't issue 1099's to them.Should I just record the net income recei...

Hi all
I completed a 1031 exchange in 2021 (sold a SFH family and purchased 3 properties) and I am looking for a tax professional to help me filling the 8824. Filled out a worksheet but I would prefer a professional ...

Hi, looking for strategy to buy homes that are abandoned, owners have died, no address, this one does have unpaid taxes, a lis pendens was filed 9/15. Home is boarded up. How can you buy these homes, and or as you fin...

Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity.  I then engaged an attorney to proceed with foreclo...

I am curious to see if anyone tried self Filing taxes for 1065 for Rental Property LLCs? My CPA is ripping me for several years without much help. Any suggestions, please?
Laxman
  

Sorry for the stupid question.  We got a notice from my CPA that our taxes are completed and have been filed.  He sent an email saying that we owe about $1000 for our federal taxes and $2000 to NY.  Question is, would...

Hello,  Florida is NOT my home state,  I have a rental property in FL, do I need to file FL state return?  Turbox Tax prompts me to start a FLORIDA return but I am not sure if this is really necessary for out of state...

The scenario is the following:as a private lender, I have a 1st lien on a property (in washington dc) to a borrower who is an LLC - and unable to make payments.  I am going thru the non-judicial foreclosure process to...

I have heard of many investors filing liens on property or on friend’s property in an attempt to fend off legal challenges that would arise from someone identifying this equity. I realize that entities can be used ...

Hello everyone and happy tax day!Just a friendly reminder that the deadline to file Individual, Trust, and C-Corporation returns is today. Even if you owe tax that you cannot pay today, you should still file to avoid ...