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 ...
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...