Donnie N.
Should I file a claim for "lost rent" with my insurance company?
I have a property that's been sitting want for over ~5months now. This is all due to the inspection process. The property is in Richton Park. The inspector there has been very difficult. The property was inspected in ...
Tim L.
Do I file state tax return for rental property in another state?
-Entire 2022 I lived in Florida (no state income tax)-Rental property in Utah obtained years ago, -This is first full year living in another state so I didn't think to file state tax return. I realize however since th...
Morgan Crandall
CPA Recommendations: 1 triplex, 1 primary / Married Filing Separately due to PSLF
Looking for CPA recommendations in Chicagoland/Illinois (primary is in Chicago, rental is in Champaign, IL). Need someone who is well versed w/ student loans as well as I file separately from my husband to save on mon...
Matt A.
Should a General Contractor or their Sub-Contractors (or both) file permits ?
I'm deciding between a couple different licensed General Contractors to hire to remodel an investment property in Oakland, CA.
Some of their buildzoom.com profiles show no record of them having ever filed permits.
...
Rose Parc
How to file Sch E when moving rent to LLC mid year
Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...
Manson C.
Live in CA. Rentals in FL, TN, and IL. File state tax?
Hello,I am a real estate investor in CA. I own rental properties in Florida, Tennessee, and Illinois. I already filed my federal and CA tax return. Do I need to file state return for FL, TN, and IL?As far as I underst...
Alisa Keith
How should I file for my Flip house that still didn't sell?
Hi, so I bought a flip property (in Philadelphia, PA) for 169,000 in the summer of 2016 with the plans of selling in the year 2017 of course. In September 2016 I started the rehab process. We have put in about 100,000...
Trevor Sarter
Can you file a mechanics lien on a commercial property in MI ?
I am a real estate investor doing a creative financing deal on a 60 unit apartment building in Michigan. I know that you need a contractors license to file a lien on a residential property but do I need one for a comm...
Sean O'Keefe
EXPLAINED: Late filing penalty relief (or relief for other types of penalties)
Late filing penalties, late payment, and underpayment penalties are the most common for taxpayers.
We have a lot of last-minute filers reaching out for help. Unfortunately, we don't have any more bandwidth to take on...
Zeb B.
File Claim or Pay Out of Pocket for Slip and Fall Liability
Over the last 10 years I have acquired and leased out several single family houses and duplexes. I have never filed and insurance claim on any of them.This spring, a delivery driver slipped and fell making a delivery ...