On Friday, I amended my offer to reflect the new conditions.

It took a while and when the seller delayed on signing a basic contract amendment, I kept at my research. 

Make or amend your offer to be contingent on inspection of financials and property.

These laws violate the Fifth Amendment’s “Takings Clause” and the Fourteenth Amendment’s “Due Process Clause.”

If he is a problem tenant, late pay, calls you every week complaining etc. then raise the rent, add the deposit, amend the lease or what ever.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

I'm big on the 1st amendment.

Like when inputting lease amendment/rent increase, I need to change the item list amount in QB, then memorize the transaction for the following months in QB, then change the excel rent roll, then change the excel lease anniversary list, and finally put a reminder in my calendar a month and some change before the Lease Expires.

So better think it through.Myth 5: you need to amend your old tax returns to fix wrong or missing depreciationI'm glad I convinced you that you needed to take depreciation which you have not been taking.

It genuinely makes me sick to my stomach to have to tell a new client that their previous preparer's advice to put all their rental property in an S-Corp was a bad idea, because now we need to amend their personal returns to treat the income as passive because S-Corp income doesn't automagically become nonpassive (honestly, why do those concepts always go together?).