Give me your friendly personal pros and cons.I am creating to mainly have the ease of transferring ownership of LLC, operating more efficiently, scale up and having the protection of a DE LLC.

Last month, my tenant told me that she was moving out at the end of this month. I informed her of the early termination fee that would be due in addition to the rent for this month, since she was breaking her lease. I...

I have one property currently, under my husbands work LLC. I am trying to get organized so we are set, off the bat, with a good system for all properties to come. 
I use my general accountant currently, but I am look...

Today my CPA told me that I cannot take the full amount of depreciation on my rental this year because my adjusted gross income will be over $150k.  He said we can defer the deduction until we sell the property or AGI...

Hello,      Back in August we had some roof damage to one of our rental in Dallas region. We got an estimate from a roof repair company and the estimate came to 12K.We got the insurance involved and while they agreed ...

Well, news flash on the Today show, number one tax cheats are contractors, second is landlords. They even have it down to geographic areas, sections of LA, Dallas, some other cities were named.

If you haven't droped...

I have an LLC in Kansas that is my house flipping business.   I am taking on my first flip in Missouri,  My understanding is that I don't need to do anything special from a legal perspective.  Initially, I was concern...

Hello all! I'm looking to file a business entity, but am unsure on which route is best suited for my endeavour's. I am currently wholesaling real estate and utilizing seller financing, in addition to other creative fi...

Current Need:   I received K-1s from real estate investments that were located outside my state of residence.  The properties sold in 2022 with significant capital gain.  I need to file both GA and AR non-resident inc...

Anyone ever heard of a promissory note?