All Forum Posts by: Heli Beran

Hi Craig, 

Yes, the Biennial Report was filed!

Hi Jeff,

Thanks! There are plans for the LLC to be used in the future, so dissolving is not needed at the moment.

Hey everyone,

Do you know if the cost of a multi-family apartment building appraisal is tax deductible?  The appraisal quote from the lender is around $3500, which is obviously a lot of money! Thankful for any insights you might have:)

Hi everyone!

I'm wondering if a Non-Activity Report is necessary for an Iowa real estate LLC that was formed but that never conducted any business for that year because the deal for which the entity was formed fell through? (Please note that the cost of forming the LLC was covered by the seller who backed out of the deal.)

The LLC has two members, and the LLC will be taxed as a partnership.

Thanks!