Kurt Isaac
Partner cleared out capital account prior to a partners death
Someone is the beneficiary through inheritance of half of a deceased partner's 50% stake in an Llc. The other half went to a sibling who originally was a fifty percent partner and is also the executor of the will. In ...
Jacob Casarez
Tax Attorney
What is the difference between a tax accountant and a tax attorney? And the roles they play in getting the investor's money back from the government? Thanks
Paul Shepherd
New Member Intro - Cleveland, OH and ?? about delinquent taxes
Hello BPers! I am new to BP and ready to get serious about investing in real estate. I live in Cleveland, OH. I've always been interested in RE and I'm finally at a point where I'm ready to put some money, effort a...
Account Closed
K1, Box 10, Net Section 1231 Gain - Where Do I Report This???
I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...
Steve White
County Hospital lien on a tx deed sale.
I know in Florida all government type liens follow the new owner. But this particular lien encumbers the property of the now deceased who owned no property when the lien was written. The lien says all property owned n...
Seby Rubino
TAX OFFICE QUESTION!! What do I do?
Hey, does anyone know how the tax office process, do I need an appointment or do I just go and look at what they have?
Joe Ramirez
Cook County Tax Exemption treatment on flip
Hi all,I recently completed my first flip and had a question about the treatment of tax exemptions on the property. In the end, I feel like I significantly overpaid.We purchased the property in late September of 2017...
Etan Frankel
Opportunity Zones and Funds
I have 3 adjacent properties in the Los Angeles that are going to be in an Opportunity Zone.One thing I cant find is how to go about finding funding from Opportunity Funds if I want to re-develop the land. Is this som...
Jorge Ubalde
Do I pay Taxes Or Not.....(1031 exchange related question)
Good Morning Fellow BP Superstars, I have a question for you smarter dude/dudettes! I am selling/closing today on a property I bought back in March of 2010. The property was my primary residence for about 18 months, ...
Michael Glaser
LLC: Which State Is Best?
Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...