Pavel Bennett
Occupancy Affidavit (1 year?) for a Second Home conventional loan
Hi folks,I'm closing on a property in Hawaii using a Second Home conventional loan and intend to live there for at least a part of the year. My lender sent me a bundle of documents to preview before signing and I am n...
Patrick J.
S-Corp Filing Extension
If you elect an extension for S-corp, would you just estimate your K-1 for your tax return and then be forced to file an amendment after you complete the 1120s?
Matt Whittle
Lease Agreement- How To
I'm looking for advice on the creation of a lease agreement. Can I simply have a lawyer create one? Do I need to do any research? Are there any amendments you recommend?Thank you for any help!
Andrew Pettit
Issues With LLC, I need further explanation from experts.
Evening BP,
I was wondering if I can restructure my LLC after I filed it with the secretary of state within RI. I just have more questions after the fact, if the LLC is "Inside and Outside" protected and ...
Jay Khan
Florida Single Member LLC vs Multiple for Couples
I formed a single person LLC, but I've realized I should have formed it under my wife as she will be main person operating.I was about to start the process to file an amendment to remove myself from the articles of or...
Brendan L.
Tax question: first time homebuyer exception for IRA
Ok, so here is the order of events:Before the end of last tax year, made a 5.5k after-tax contribution to an IRA. Did not file for the deduction on that money. Withdrew the 5.5k from the IRA to help with closing on fi...
Pierre Ligon
Have You Seen The New Wholesaling Regulations In Kentucky?
Here is the regulation.
Amend KRS 324.010 to redefine "real estate brokerage" to include advertising for sale an equitable interest in a contract for the purchase of real property between a property owner and a prosp...
Zach Wagner
TaxAct Review for filing 1065 on own
As we're ramping up into tax season and this is my first year reporting my rental property, I've been researching CPA firms to complete my 1065. One is very expensive and the other I don't think I trust. As a CPA myse...
Joseph Waitkevich
LLC/Real Estate Attorney Help
Hi All, We started working with a real estate attorney in Houston, TX to set up an LLC for our out of state multifamily property (we are located in Massachusetts and the property is in Houston). We are in a weird spot...
Jason Krick
What if a property is bought at auction and there is a tenant with a lease?
Hey everyone,I have been following a house closely that is scheduled to go to auction in January. Currently the owner is trying to do a lease option. I scheduled a visit at the property. I was upfront with him and ...