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Yes I saw their passports, I am a CAA. The property (Lot) was purchased for 100,000. The building they put in a couple years later was 150,000. Total investment...
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Owners are Austrian, an the property costs about 100,000 and the building another 150,000 - so I doubt money laundering was involved.Annual report was filed eve...
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Annual report was filed every year. The corporation initially also got an EIN but never filed 1120.
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I have a potential new client. Foreign owned 1120 (has a vacation home that is never rented - no income for the Corp all those years) - founded in 2000.Never fi...
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I have a non-resident client (1040NR - Schedule E) with a vacation home that was damaged during Hurricane Ian in Florida (Declared federal disaster). Insurance ...
