Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...

Hi everyone.  I am a new"ish" landlord and I need window treatment advice.  In my previous property I installed blinds/shades in all the windows.  It was a wood frame house with normal sized windows so I could install...

I am a partner in an LLC, one of our employee/owners was injured on the job. If the LLC pays for the medical treatment, or if a lawsuit is filed and settled, can the payment be deductible since it came out of an L...

Hello, I need to resolve a termite problem at my fourplex in Inglewood CA.  I had a report done before purchasing this property and learned about the termites. It was recommended by Tanler Termites that I tent the ent...

Hey everyone - I am looking at a property in Syracuse, NY.  It is a corner lot.  There is a city sidewalk along the perimeter of the yard that is adjacent to the street.  There is also a concrete sidewalk from the fro...

I purchased raw land last year with the intention of constructing several rental units on it.  At that time, the construction prices made this a very viable strategy.  With current construction prices, material shorta...

We have a 30 Unit Apartment Complex, at the moment we are in the first year of the stabilization. As you might know one of the first steps of the Stabilization is to evict non paying tenants. As expected we have run i...

Hey All!  I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...

I'm taking applications for a property owned in an LLC. They are always in cash. Do I need to deposit this cash into the LLC bank account in order to do things the right way in terms of the LLC, or is okay to just kee...

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...