Joshua T.
Delegation of authority for acquisitions and sales
I am looking to form an LLC in Florida for my new real estate business. I do not live in the State, but I have a close family member who does. Since my job requires me to travel often, I would like this person to be a...
Vishakha Penney
Former tenant who owes me money trying to have me served.
Former tenant moved out after 9 months without contractually agreed upon proper notice, after pretty well trashing a brand new property. She owes me a few hundred dollars in damages on top of her deposit but I decided...
Kevin Kendall
Scedule E, Scedule C or 1065 partnership
My wife a I are buying our first rental property and I am trying to figure out how to file our taxes. We will transfer the property to an llc. We live an the property is in co which is a marital property state and the...
Johann Jells
What should my LLC tax returns cost?
I've only used an accountant for taxes since setting up the LLC a couple for years ago, and I was looking for any feedback on what is considered market rate for preparing the state and federal returns for an LLC filin...
Steven Gesis
Tenant moved out and so did the mechanical equipment... more....
Recent tenant eviction, although they are rare in my world, they do occur once in a while, this one was like no other one before, tenants of (3) years, stopped paying the rent, we had to evict the tenant, the tenant m...
Elliott Beckstrom
Should I put Single Family LTR in LLC
Hi! I have a property in Denver that I'm renting out long term. I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause. This is the only...
Bob Stein
Issuing 1099s to contractors
Hi. Do I need to issue 1099s to contractors that did standard renovations over $600? Thanks
Matt Lord
Rehab or BRRRR Checklist
I’m about to start my forst BRRRR property. My system is buying small-ish row homes and using the brrrr method while personally doing the rehab work.I have a very strong construction background. When I worked as a sit...
Danny Cerecedes
Forming an LLC
Has anyone formed an LLC using the Nevada Corporation Headquarters. I'm looking to create one there for the corporate veil protection but I've never done one before and I'm hoping for any insight BP has??? Specificall...
Ali Masoudi
Filing LLC-C Corp taxes with a professional EA
Hi guys, I started creating LLCs around my real estate practices in late 2021 (two disregarded LLC and one LLC-C Corp) and now I have to file my 2021 taxes. I'm thinking to work with a very experienced EA (Enrolled Ag...