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Hey everyone!I recently obtained a list from my county that is a list of all probate cases in my area. After they gave me the list, I realized there were a couple issues. A screenshot of the list is attached below for...
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My business partner and I received a bill for $3,000 through our CPA for filing k-1s on three properties in 2019. I wanted to get a second opinion on the bill before using them again on our 2020 returns. Does this amo...
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Hello BP, I am working with a seller who through follow up I reached out to and has informed met that someone has acquired her home and has moved into it without her knowledge. Her home has been vacant for some time n...
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Hey BP -I’m DYI’ng my taxes this year through TurboTax and am stuck. Here’s some quick info on my situation:-I have a LLC- BRRRR’d one house last year- Using TurboTax to create K-1 for LLCWhen entering info into turbo...
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I am trying to restructure my rental units (2 duplexes), currently in PA. Currently, they are financed under my personal name. My goal is to set up an LLC in Wyoming (I heard this is the best state to do an LLC) and ...
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Hi! This is mostly for the landlords who have properties in other states. We live in Massachusetts, but our rental property is in Pennsylvania. Do we have to file PA taxes as well?
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Hey everyone need some quick advice. I have one rental property currently and I am looking to go for another soon. Is an LLC recommended? If so when? And what are the main benefits of it? Thanks!!Nick
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New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...
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So from reading several posts regarding LLCs and REI, it seems pretty obvious that you don't need to, nor should you, start and invest using an LLC until you are much deeper into the game.
My question is this: If ...
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This is kind of a long story so I will just shorten it tremendously.My previous tenant (also my first real tenant, besides the previous owners of my multi-family home), was schizophrenic. She thought that my wife and ...