I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...

Hi all,
I'm taking the plunge into commercial real estate investing - specifically apartment buildings - and so for those of you that currently are apartment building owners, did part of your analysis prior to purcha...

My offer gets accepted today! It is a center hall floor plan. I plan to remove some halls to make it open space. However, neither the seller nor the agent have the floor plan.

Can someone tell me where I can get a f...

I only have one 1099 that I need to distribute and most of the sites I found charge for e-filing. I just want to fill it out, print and mail. I could do it manually but I don't want to write it in, rather would type i...

I just purchased a property that has a tenant in it who has no lease, is month to month, with no security deposit. As tomorrow is the 1st and nothing formal has been set up I was planning on collecting the first payme...

Hey everyone,So I am in the closing process of a three family. This will be my first real estate investment and I'm extremely excited. I have been living in the building along with my fiancé for the last 8 months. It ...

I purchased a property an the tenant agreed to move out within 30 days. I sent 30 day notice but have been unable to reach the tenant since. What options/recourse do I have to make the tenant vacate the property? The ...

We are currently in negotiations to buy a house and extra lot in Chicago. The sellers - for various reasons - need to have the house and extra lot as two separate contracts/sales. Our mortgage company has stated tha...

I received an IRS tax notice with interest and penalties that related to the balance due with the filing of the extended return in October.  Tax withholdings were well over 110% of the prior year tax liability; so, I ...

I recently purchased a property that had tenants in their. I'm wondering how do you handle clean up costs and damages from a tenant. Example. The screen door was broken and they did not clean the kitchen, carpets, etc...