I setup LLC in TX. What tax do I file? Franchise tax? I think the threshold for gross income is setup at $1,000,000. If I sold property at $1.5M, profit $200K, do I need to pay franchise tax on the LLC?
One peril was vandalism (covered under policy) and another sudden accidental peril (also covered). The agent mentioned I'd have to pay 2 deductibles which I'm fine with, so I ask if I get paid out twice my coverage $...
It's a jointly owned multifamily rental in Westchester County, NY. LLC was created (2 yrs ago) for filing taxes but we never changed the name of the Deed/Title to the LLC name, it's still under our 3 individual names....
Droid users. How do you convert your .M4a files (from your voice recorder) to .mp3 or .wav?
I know all 50 states have their own laws about everything, but how long do you keep tenant files after they move out and are no longer your tenant?More of a question for tenants who leave on an adversarial tone, rathe...
I have been going back and forth to court with a tenant who refuses to leave my property and pay rent. I recently went to court with them and I got a judgment for them to leave. They went to appeal the decision in Con...
Both my mentor and our mutual real estate attorney both strongly recommended filing a mechanics lien at time of closing. My wife is the buyer and I am the contractor. I plan on asking them to fully explain why this ...
I am a tenant who lives in low income Housing. I have a problem with a tenant neighbors of mine who is a grandma and every weekday from 8am-7pm babysitting her grandchildren.
I have reason to believe she babysitting ...
unfortunately I thought HR Block filed an extension for me for 2013 (1st year of my business tax returns) . They emailed me saying the extension needed emailed ; I assumed they were doing that which they did not. When...
I am in the process of purchasing my neighbor's property Subject To. Have all the documents, have a title company that understands Subject To and is on onboard, have a CPA that is familiar with subject to and has give...