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Updated almost 8 years ago,
Newby from Yorktown VA
I'm Nick Fegley. I sure wish this site would let me upload a pic from my iPad or iPhone!
I'm in the military, bought 4 places, lived in 3 of them, and have sold 1 with 1 pending. I want to learn how to do my taxes for my rental, and the affect of selling it? Also my pending property was an investment, so I think I'll owe 15% CG next year, but unsure of that as well. Wondering if I should form some sort of corporation so I can reinvest money without paying CG and buy a car and write it off as a company expense. Any guidance on books is greatly appreciate.
Sorry for no pic, it might be user error. 😎