Mike Dawson
Beneficial Owner Information Reports. Company applicant???
I formed an LLC last month and I have 90 days to submit my BOIR. My confusion lies around the term "company applicant". When looking for information on who the company applicant is, I ran across this info directly o...
James R.
Beneficial Ownership Information Report for U.S. Government
I originally set up my RE LLC through ZenBusiness. ZenBusiness adds reporting requirements every year. I received the following email below from them. The rule went into effect January 1, 2024.
Have any of your al...
William Thorn
I’m under contract and just found out the seller is being sued.
I’m under contract on a 22 unit apartment building in Phoenix. I have my inspection tomorrow and met with the broker today and he said they were just sent a letter from a lawyer saying the seller going to be sued rel...
Sean Winfield
Probate - Researching using court information
What's the best way to start setting up probate deals? Using the court information, I can see when wills are presented, inventories filed and executors are listed. If I wanted to take a chance and send a letter, wo...
Matt Faix
Hit and run at duplex
Hi All - Yesterday we had a car run off the road and onto the property of our rental. Luckily it didn't hit the house, but it caused some damage to the sidewalk/railing. Nothing too major surprisingly, but the driver ...
Suhaib Rehman
File amendment to claim passive activity loss in investment property being a Realtor
Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form 8582 which is to d...
Sam Dal
Filing individual K1s in the states
GuysThis is sort of a continued post from the thread belowhttps://www.biggerpockets.com/...I have a few k1's with syndicate and ATM funds which have invested in many states (12 for me). I spoke to my local CPA and he ...
Jason Davis
Sold at an auction then Chapter 7
Hello Everyone, A homeowner in pre-foreclosure reached out to me to sell his house and it's a situation i've never heard of before. Looking for some guidance if i should even pursue it:Situation: it went to preforclos...
Jeremy Porter
Understanding the Timeline: How Long Does an Eviction Process Typically Take?
Embarking on the eviction process can be daunting, especially when it comes to understanding the timeline. In this blog series, we will delve into the intricacies of the eviction process, shedding light on the typical...
Deepak Lal
Tax Benefit on joint Tax return
I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...