Theo Z.
Holding LLC - CPA Input Requested
I hold each of my properties in its own LLC and have been paying my CPA $650 per entity to file returns every year. Someone mentioned it's possible to create "an LLC holding company" that holds all the other LLC's and...
Leen Sha
Auto insurance policy might not be enough
A friend of mine had a car accident almost 3 of years ago...she was found at fault....(state of limitation is not passed yet) there is no lawsuit filed against her until this time... she only had WA state min. liabili...
Erik K.
Jacksonville - Squater House
I just purchased a house for a great price and now I know why. There was a tenant in place that didn't know the house was being sold out from under him... or so he said.When I previewed the property the tenant was th...
Gary Li
How to File Tax Return for LLCs in Living Trust
I just Transferred AAA LLC (me and wife owned 50%-50%) and BBB LLC (me 100% owned) to our revocable Living Trust, before AAA LLC file Tax Return with form 1065 and BBB LLC file Tax Return with Schedule C, What form sh...
Brian Larson
BRRRR Calculator/Analyzer
I am not sure if this is the right place or not but I have recently bene going at the BRRR strategy exclusively and have build a spreadsheet that lets me quickly analyze a deal that comes across my inbox. I hope this ...
Michael Plaks
Straight talk: my CPA keeps delaying and is not responding
We accountants are regularly approached by investors who are unhappy with their current CPAs being too slow to finish the work, too difficult to get hold of, too unreliable, too something else... So I decided to open ...
Paul M.
Umbrella insurance in 2019 and 2020
My employer has 25 buildings, and the umbrella insurance renewal thhis spring is a 55% increase. Our broker has told us the umbrella market has tightened considerably due to poor loss experiences for residential an...
Pierre Alfred
1st Flip
Hello all,Here is my first post. Glad to be part of the community. I've bought and owned houses before but never solely to flip. In regards to flipping, at what part of the purchase process should you start looking to...
Wesley Weber
HELOC in Florida question??
I've been house hacking the last 4 years, buying, rehab and selling my personal residences. Im finally in a house I want to stay in fora few years and also have some cash reserves formy flips. My question is this:I pu...
Puja Devi
Contractor threatens to place lien & call city for code violation
Hi all, have a situation here where the contractor that did the work on my property is now threatening to file a lien and also call the city for multiple code violations because I am not agreeing to pay the full amoun...