Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
A son purchased an LLC from a parent. The LLC,sole
a son purchased an LLC from a parent. The LLC,sole propietor,single member,disregarded entity, contained a rental property. it was done this way to perserve theLLC that was already established. The ol… read more
Scott Irving
Scott Irving
Owner
Accounting
22 satisfied customers
I am currently doing my 2017 taxes for a multi-member LLC
I am currently doing my 2017 taxes for a multi-member LLC Rental Property Partnership (note – earlier submitted tax filing extension in Feb 2018). To simplify tax preparation for next year, my wife re… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
2,214 satisfied customers
IRS Tax Question: Client registers in the State of Texas as
IRS Tax Question: Client registers in the State of Texas as an LLC for a rental property that they co-own with their spouse. For IRS purposes, they don't apply for the EIN as an LLC, but as a Partners… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,631 satisfied customers
Lev, I had set up an EIN for a company to be taxed as a
Hi Lev,I had set up an EIN for a company to be taxed as a partnership between an LLC I own and a Solo 401k I own but I no longer want to include both partner entities in it since I don't have to take … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,921 satisfied customers
I have a question about setting up an LLC with 2 partners. I
Hi - I have a question about setting up an LLC with 2 partners … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,924 satisfied customers
My husband and I are going to try to set up an LLC company
My husband and I are going to try to set up an LLC company using Legal Zoom.com. We are told we need to set up an LLC to place funds from proceeds received from a foreign currency investment. ( this i… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
16,046 satisfied customers
I had an LLC created many years ago. I run a few rentals,
I had an LLC created many years ago. I run a few rentals, technical consulting and adjunct professor through it. I am thinking of starting a strictly property management company as a side thing. I'd m… read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
5,438 satisfied customers
My two brothers and one sister of mine are inheriting a
My two brothers and one sister of mine are inheriting a rental property valued at $350,000. We are also receiving approximately $70,000 in cash to help maintain the property. We are seeking advice on … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,921 satisfied customers
How do you apply EIN foreign alien who is trying to set up
How do you apply for a EIN for a foreign alien who is trying to set up an LLC? IRS.gov online tool will not work, since he has no soc sec. #. I have the SS-4 that I can fax in, but is that all that is… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,921 satisfied customers
Ten men want to establish a business to purchase, manage, rent
Ten men want to establish a business to purchase, manage, rent & ultimately sell residential properties. Two of the men will manage the business affairs & the other 8 are simply investors. I usually s… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
I have a "checkbook" IRA with a single member LLC that has
I have a "checkbook" IRA with a single member LLC that has purchased rental property. The Property Management company has requested a W-9 tax form for the rental income. Can you tell me how to fill ou… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,921 satisfied customers
I am in the process of purchasing a Hotel. I am setting up
I am in the process of purchasing a Hotel. I am setting up a Series LLC in Delaware initially with two LLCs. The first LLC will be REI LLC which will be a holding company for the Real Estate that hous… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
An auto center, clasified as rental property, is owned equally
An auto center, clasified as rental property, is owned equally by father and son. It is not a partnership. On W-9 form, handed to the tenants of the auto center, it says: father's name, DBA auto cente… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
We want to buy an investment property in Georgia and rent it
We want to buy an investment property in Georgia and rent it out as a furnished rental / vacation rental, which we can occasionally use ourselves. We are based in the UK. We want the property as a lon… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,647 satisfied customers
Taxpayer has a 9 unit rental real estate bldg. They live in
Taxpayer has a 9 unit rental real estate bldg. They live in one of the units. Up until now, they had a LLP and one partner took a management fee which was subject to SE tax. Now switching to LLC. Can … read more
Brenda Guy
Brenda Guy
Certified Public Accountant
Master's Degree
151 satisfied customers
I am starting an online business in retail and re-sell. I have
I am starting an online business in retail and re-sell. I have an EIN tax number from when I tried to start an online business in another state, but never got off the ground. Am I able to use the same… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I own 15 rental properties, approximately, 45 units. I actively
I own 15 rental properties, approximately, 45 units. I actively manage these properties myself for approximately 10 years, Hire serviceman for maintenance repairs only. I report incomes or losses on S… read more
BK-CPA
BK-CPA
Bachelor's Degree
919 satisfied customers
Hello - I have always done my own taxes and bookeeping, however,
Hello - I have always done my own taxes and bookeeping, however, they have become more and more complex as I invest in rental properties. This year I setup an LLC and bought a 6th rental property with… read more
Anne
Anne
Master Tax Preparer
2,373 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x