One thing nobody mentioned yet - you might want to check if the company you purchased has any tax filings due soon. If the responsible party hasn't been updated, IRS notices will still go to the previous owner. I learned this the hard way and got hit with penalties because I didn't receive the notices. You might want to file a Form 2848 (Power of Attorney) with the IRS as well, so you can authorize someone to speak to the IRS on your behalf while this gets sorted out.

I went through this exact situation when I acquired a Florida LLC last year. Here's what worked for me: 1) Don't submit the 8822-B without a tax ID - the IRS will reject it immediately 2) Apply for an ITIN using Form W-7 first. I included a cover letter explaining I needed it to update the responsible party on an existing EIN 3) The ITIN process took about 9 weeks, but it was approved without issues One tip that saved me time: when you apply for the ITIN, make sure to include a certified copy of your passport AND a utility bill or bank statement from your home country to prove your foreign address. The IRS is very strict about identity verification for foreign applicants. Also, consider having your attorney or accountant handle the 8822-B submission once you get your ITIN. They're familiar with the process and can follow up if there are any issues. The whole thing was much smoother than I expected once I had the right paperwork in order.

Dont forget that if you file hoh you get a bigger standard deduction than married filing separately! Made a huge difference for me. I think its like $20,800 for hoh vs only $13,850 for married filing separate this year. Plus the tax brackets are better!

Sean, it sounds like you have a really strong case for Head of Household filing status! Based on what you've described - separated since June (meeting the 6-month rule), kids living with you 85% of the time, and you paying most expenses including the mortgage - you definitely meet the IRS requirements. One practical tip: keep detailed records of all the household expenses you've paid (mortgage, utilities, groceries, childcare, etc.) and document the kids' living arrangements. Even though the IRS doesn't require upfront documentation, having this organized will give you peace of mind and be helpful if any questions come up later. Your ex is technically wrong about needing to file jointly - being legally married doesn't prevent you from filing HOH if you meet the other requirements. The tax benefits of HOH (higher standard deduction, better tax brackets, and more favorable credit phase-outs) will likely save you significantly compared to either filing jointly or married filing separately. Just make sure you communicate with your ex about who's claiming which kids to avoid any duplicate claims that could trigger IRS attention.

Has anybody used the routine maintenance safe harbor for something like this? It states that if you expect to perform the activity more than once during the property's ADS class life, you can expense it. If this coating needs to be reapplied every 10-15 years, and the ADS class life for residential rental is 40 years, seems like it could qualify?

Based on the discussion here, I think you're definitely on the right track with capitalization. The $130k cost and life-extending nature clearly makes this a betterment under Reg. 1.263(a)-3. For the depreciation period, I'd strongly recommend getting documentation from the coating manufacturer about the expected useful life. If they provide specs showing the coating itself lasts 10-15 years (separate from the underlying roof structure), you may be able to treat it as a building component with its own recovery period rather than defaulting to the full 27.5 years for residential rental property. The key is establishing that the coating has a determinable useful life that's shorter than the building itself. Save any manufacturer warranties, technical specifications, or contractor documentation that speaks to the coating's expected lifespan - that could be your justification for a shorter depreciation period if you get questioned later. Just make sure whatever position you take is well-documented in case of audit. The IRS tends to scrutinize these building component arguments pretty closely.

I'm seeing a pattern with Credit Karma refunds this year: • SBTPG funding before 2pm ET: Money typically arrives next morning • SBTPG funding after 2pm ET: Money typically arrives morning of day after next • Weekend SBTPG updates: Almost always delay until Tuesday • Bank holidays: Add 24 hours to expected timeline The Credit Karma subreddit has a megathread tracking this with hundreds of data points. The pattern is pretty consistent.

I had almost the exact same situation! Filed with Credit Karma on March 27th, got my DDD of 4/23, and SBTPG showed funded yesterday around 2:45pm. Still waiting for it to hit my account, but based on what everyone else is saying here, it sounds like we should both see our money tomorrow morning since our funding updates happened in that afternoon window. The consistent 24-48 hour timeline that people are reporting is actually pretty reassuring - at least there's a predictable pattern to this whole process. I'll update tomorrow if mine comes through!

Has anyone received their trace number faster by calling them directly instead of waiting? I've heard some people say calling makes no difference while others claim it speeds things up.

Based on everyone's experiences here, it sounds like Santa Barbara TPG is definitely running behind their normal processing times. I'm in a similar situation - got funded last Tuesday with a 02/27 DDD and still waiting for my trace number. What's frustrating is the lack of transparency from TPG about these delays. They should be proactively communicating with customers about extended processing times instead of leaving everyone in the dark. I've been checking my bank account obsessively, which isn't helping my stress levels. For those mentioning calling - I tried their customer service line yesterday and after a 2-hour wait, they basically just confirmed what we already know: they're backed up and processing in batches. The rep couldn't give me a specific timeframe for my trace number. At this point, I'm just planning for the worst-case scenario timeline mentioned here (3-5 business days) and hoping for the best. Thanks everyone for sharing your experiences - it's reassuring to know this is a widespread issue and not something specific to my return.