If the house goes to tax foreclosure, you can file a Motion for Excess Proceeds for your share of any amount received from the foreclosure sale in...

Since your WY LLC is not a disregarded entity, the most popular choice of S Corp is not available. You might consider having the Texas LLC elect to...

Backdating the Declaration would be an act of civil fraud against any creditor adversely affected. Under some circumstances, you could be liable...

Shareholders of S Corp must be US citizens or resident aliens. You should consult with a professional about the best choice for taxable entity.

Yes - your W2 income will be reported on line 7 of page 1 of Form 1040, and your 1099-NEC income will be reported on Schedule C.

Payment of the taxes does not give her title to the property. It does give her a right of reimbursement from other co-owners. She will need a...

The refund may have been your stimulus payment. The IRS is not allowed to offset the stimulus payment against taxes owed.

If the property taxes aren't paid, the tax authorities will eventually sell the property at tax foreclosure and give 1/3 the proceeds to each of...

The general rule is "taxes run with the land". If, as you describe it, she deeds the property to you, then you take it subject to the taxes owed....

Depending on your business activities you may have nexus for corporate income taxes in New York or Texas. Likewise for sales tax. You should...