Ben Freeman
Local bank won't accept rental income until its filed on my taxes.
I was trying to be pre-approved for a new primary and ran into some issues with the lender not wanting to count my income on my duplex. Backstory:I purchased a duplex in may of 2022. One half was rented($1300) the oth...
Nana Osei
How do I file a lien on a property as an investor?
I loaned some money to a real estate developer who was flipping a home in Baltimore. We signed a promissory note with a specific due date. She used the home as collateral. Initially, everything went smoothly, and she ...
Aaron Bashore
Looking for CPA who can help a foreign investor file US taxes
Hello Everyone! I have a friend in Germany who wants to buy a rental property in Memphis, TN. He doesn't know how to go about filing for an ITIN or creating an LLC. Does anyone know a good CPA who could offer him thes...
David Small
County Lis Pendens list only has HOA filings? Looking for mortgage company’s?
Called my county recorder and clerks office in Phoenix Az and asked for the records of people behind on their mortgage filed from the mortgage companies and they didn’t really know about it. Didn’t know how in Maricop...
Devante S.
How do I file personal and LLC taxes as a first-timer?
Hi everyone, maybe a rookie question here, but I had a W2 for a good portion of 2023 and also had a self-employed business for the other half. How exactly do you file taxes when you have a 9-5 but also generate income...
John Morgan
Do I need to file a franchise tax report for my LLC?
I formed an LLC in Texas for my 6 rental properties last year. A letter from the Texas Comptroller of Public Accounts says my company’s first franchise tax report is due in May. What is this and do I need to file it f...
Matt Liu
Each property: its own LLC, Debit Card, HomeDepot Card, & Quickbooks file?
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
Michael Dang
Which NAICS Code to use when filing TX franchise tax with LLC?
Which NAICS code is used when filing the TX franchise tax annual report if the LLC only invests in multifamily\apartment syndication deals? These syndication deals are SEC compliant securities. Haven't received any ...
Brandon E Barker
Calculating the ROI for a flip, as in Brandon Turner's excel file
Hello!After reading Brandon Turner's book on Rental Property Investing, I went to checkout his Investment Calculator spreadsheet. The ROI (row 59) is calculated before annualization as (profit)/(down payment) = B58/B3...
Account Closed
I need to know a safe website to file a 1098 electronically
Hi there. My husband and I have a private mortgage financed by a family member. They need to file the 1098 to show the interest we paid on the mortgage. Unfortunately we all missed the deadline to file it with pape...