Pablo Mendez
Subject To seller plans to file for Bankruptcy in three months
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...
Earl Stewart Jr
Filing taxes for 1st flip project bought with Scorp. Which forms?
Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...
Isaac El
just bought a property, and false mechanic lien filed against me!
Has this happened to anybody else before? this is a first for me.
Bought a property about 4 weeks ago, and then 2 weeks ago mailman brings a certified mail, i open it up and it has a mechanics lein against me for the...
JayCinta Henry
Federal tax filing, price of the house or current market value?
To determine depreciation for federal tax filing do you apply the original price of the house or the current market value?
Adam Huynh
Is it unprofessional to request 21 filing over next 30 days?
Hello bp,First time user of professional tax services. Things have been delayed and last known contact about filing date was a few months ago. It is now August and I've made a request for the next 30 days for my taxes...
Jessica Hughes
Have a false mechanics lien filed against property. What to do
So I have a 4plex in Tulsa county. I'm under contract with a buyer right now. had a contractor spruce up 2 of the units. things went south with this "investment contractor". Long story but I found her guys to be very ...
Neil Narayan
SpaceX files to build 520K-square-foot facility in Bastrop County
The size of what Elon Musk's Space Exploration Technologies Corp. plans in Bastrop County, east of Austin, is coming into focus — and it appears to be massive.
The company wants to construct a 521,521-square-foot "sh...
Joseph Weisenbloom
Should I use a real estate accountant to file my taxes?
I am currently closing on a package of properties bringing my unit count to 10 for 2016. I will definitly have a real estate accountant file my taxes for 2016. That being said I only had 2 units and my w2 job for 2015...
J. Pablo Fernández
Registered agent, minutes and WY filing fee, do I need this?
I'm trying to save some money to increase my ROI. I currently have one LLC in WY which owns an LLC in Indiana that owns a property. I'm not a resident on the US, so, I'm using a company to help have a presence in the ...
Tesfa Nicome
My seller hasn’t filed taxes on her LLC for 15 years
My seller has a property established in an LLC she hasn’t filed taxes for in 15 years. I called tax office and they informed me approximately 5,000 is owed to get the LLC in good standing.
Which I’m assuming will pr...