Hai Van Nguyen
Form 1120
Dear friends,I filed SS-4 on 3/3/2016, then on 3/17/2016, IRS issued me the EIN number and requested me to file from 1120 by 06/15/2016.Since the corporation is just set up and I have no sales or nothing till 31/03/20...
Account Closed
Can I change name on a 1031 Exchange?
If I sell my relinquish property under my name and I do a 1031 Exchange also under my name, can I change my 1031 name into a LLC without a penalty? Should I put my requish property under LLC before I do a 1031?
Geetha R.
Economy shrank at unprecedented rate - Effect on SFR Price
Economy shrank at an unprecedented 32% annualized rate in the second quarter - the fastest pace on record and comparable only to events such as the demobilization following World War II in its severity.
But, single...
Cameron Skinner
Cost Segregation Accounting Change? timeframe
Has anyone ever done Cost Seg for a building placed in service years ago and applied for accounting change? If so did IRS approve? how long did it take?
Ryan Bianchi
Which state to file LLC.
Hello and thank you. I am moving from Michigan to Chicago and will be renting out my house in Michigan. I was wondering which state I should file the LLC in. Along with that does it matter where I set up the business ...
Michael Meade
Lease Cancellation because of Bankruptcy
So I have a unique situation. I own a rental in Nashville, Tennessee. An individual from Texas who is moving here has applied, and I approved them. They had a lower credit score. So I've obtained July and August r...
Christine R Doering
Schedule E AND Schedule E for rental income
So like many others I'm an Airbnb host. However I also privately rent out rooms.I fall into the category of renting for more than 7 days and less than 7 days. For this year since I just started anywhere from 1 to 61 d...
Martin Sterling
Bankruptcies and Notes
How do Chapter 13 or Chapter 7 effect a note you have purchased or about to purchase? What are the opportunities and procedures necessary to take advantage?Thanks in Advance
Beth Julen
Can I amend my 2022 return to add rental and depreciation?
I am a homeowner in Portland, OR, but moved to Washington State in 2022. I began getting the home ready to rent out in the fall of 2022. I bought tons of furniture (the intent was a furnished home) and put up ads. I'd...
Jerry N.
Resources - files location?
Trying to find the old 'resources' listings, where members posted files for other's use. Can anyone please navigate me to this? I think with the new layout, this has changed.FYI more specifically, if anyone has anyt...