
3 July 2024 | 4 replies
@Tristan Gardner it is the lenders legal obligatin to give you a statement (i think it is an IRs 1099 interest) of how much interest you have paid each year.

3 July 2024 | 9 replies
It is convenient, but it's an IRS audit flag having a $0 income "property."

3 July 2024 | 3 replies
You'll want to gather up the Articles of Incorporation, The Bylaws (signed and executed), The Certificate of Standing, and the IRS SS-4 form where you got your Tax ID.

3 July 2024 | 2 replies
You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.

2 July 2024 | 4 replies
The information is for the IRS reporting requirements.

3 July 2024 | 25 replies
I talked to a girl from Asia today about development deals in our market in columbus through a visa fast track program from Vietnam. super interesting. hop on linkedin too great place to look at lots of structures and learn. super transparent no BS. we do city of columbus and city of miami

3 July 2024 | 6 replies
Think of the IRS code as a behavior incentivizer.

2 July 2024 | 10 replies
LLC, S-Corp, etc) that files a tax return or do you own it in your personal name and report rental income on IRS Schedule E?

1 July 2024 | 0 replies
If I Refi, I will pay him back against my lifetime exception, or if not I'll pay him and his wife $x each year, in accordance with IRS gift tax limits.
2 July 2024 | 8 replies
She should.Then you could 1099 her and not worry about payroll taxes - for agent-type services.For the maintenance work she does, also 1099 her by having her bid each job separately.Of course, speak to your tax professional about all this first, to make sure this would all meet IRS self-employment requirements.