My LLC was form and office in the US who own all the properties. The LLC already have an EIN. Properties acquired last year 2017 and are still under repair and no income for last year. Do i still need to file a return...
Hello fellow landlords,
My wife and I are new landlords. We just bought our first rental property last week and inherited the previous tenants. We've read the multi-family millionaire book and are planning to apply t...
I have rental properties in my name due to the mortgage. The lender stated not to transfer the title. Ok. If I need to file any court cases, evictions, etc., is there any way to file under another entity versus using ...
Hello, I was wondering if I should file a tax return on the LLC I formed in Wyoming for my rental property business, even if I made no money in 2019 and bought no properties. I live in Florida and I am about to do my ...
Has anyone had this issue? What next steps do you recommend?I looked up the permit records for a house I am rehabbing and the recent permits (that came as a surprise 75% into the project), and my GC is the applicant, ...
Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
Just wondering if a deceased person is required to submit tax returns for his/her last year of life?
First BiggerPockets post!
Here's the situation. My dad "gave" me half of a property (my first rental property) in June of last year. Shortly after I made a joint business checking account with both of our names on it...
ie. 237210 - real estate (except cemeteries) subdividers; 531210 - buying agencies, real estate, etcIt should be noted that I do not have a real estate license
So my long and draining exercise of evicting my tenant is about to finish (or so I thought), after the deputy has scheduled the lockout. Today I got a call and text message from my tenant that she filed an Ex Parte ap...