Paul Winka
Refund of 8% Maryland withholding for non-residents?
Can't believe there was nothing on BP about this -- how do I get this withholding amount refunded to me? Quick back story is I am a Missouri resident that sold a Maryland property in June 2023, I've e-filed my federal...
Amanda M.
Closing my LLC Account
Hi Everyone, we recently just purchased our first rental property and we put it in an LLC Account. We ended up selling the property for a profit instead of keeping it for a rental property. My question is can I go ahe...
Eric Geurkink
Basic tax return advice question -LLC for 1 property
I bought a duplex this year and formed an LLC(probably unnecessary for one property, I know). The duplex is still in my name though. I need to file LLC Taxes and personal taxes, correct? I’d like to use my tax prepare...
Jan Erik Neun
Colorado tax return required if LLC already paid the taxes?
I have a K-1 (Form 1065) from a Colorado LLC. Attached to it is the Colorado K-1 equivalent (Form 106) showing the corporation paid the taxes for me on my income in the state (I am a non-resident). This is my only i...
Raja Carmi
Capital Gains exclusion on 2nd condo sale
Facts:1. Condo 1, titled in my name, bought in September 2013. Been living in this condo since (almost 6 years).2. Condo 2, titled in wife's name, bought in September 2015 and sold in May 2019. Wife lived in the condo...
Evan Loader
K-1 state tax filing requirements
I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
Chris Logan
Looking for some Clarification.
My wife & I own an Air B&B, and run it as an LLC in a non-communal property state. I just want to make sure we are doing this right. My understanding is we need to file a 1065 to generate K-1s. If we plan on f...
Brian Chu
Evicting Tenant that is Leaving
I gave a current tenant a 60-day notice of non-renewal that let them know I'm not planning on renewing their lease at the end of August. Somewhat unsurprisingly, they've decided to stop paying rent for July. I'm curio...
Rosston Smith
Possible Tenant Eviction
I'll keep this short. Tenant A is a 30 year old teenager. He paid the below market rent 1-2 weeks early every month for the last three months until this month( his year lease is now up) and procrastinated payment unt...
John E.
How To Locate Flipping Opportunities
Hi Everyone!I've been researching for websites, databases, and software that could identify properties behind on their taxes or mortgage. My results so far aren't encouraging. Some websites contain some of the informa...