Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
You should never use a debit card or pay for medical expenses from your HSA, ever!
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
I never got the consultation, but was politely told my portfolio is probably too small to pay their annual fees (starts at $2500 and goes up).
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
Some months I’ve unfortunately had to pay like $150 out of pocket but I’m Planning on holding long term wise and the let the rental bare fruit later in my life because I’m only 22 and just wanted a base hit or a rental in a great neighborhood.
Jared Haxton
Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
They will pay a higher mortgage payment because they are not trying to cash flow.
Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
We have an upcoming meeting with them to see how we can extend the loan a few more years to make the total monthly payment including installments for the annual property tax bill, which we’ve had to pay for them this year since they were late the last couple years and had to pay interest to the county.
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
And must be pretty significant unreported income if it would have caused $45k in state tax liability.You advised your client to wait past the expiration of state statute.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".
Ryan Williams
Pay off Primary or Buy Rentals?
18 December 2024 | 23 replies
Why pay off a low rate interest.