15 April 2017 | 15 replies
Va Loan funding fees can be rolled over based on lender guidelines, here is what I found from veterans united "The money received from the VA Funding Fee is used to offset the few loans that go into default, and further reduces the cost to taxpayers, ensuring the VA Home Loan program continues for future generations.
27 March 2017 | 2 replies
Have not considered any future vacancies or tax payments to reduce the question size.
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8 November 2016 | 11 replies
Thus making it 5 tax payments of $550 rather than just two in the calculation ($2,750 instead of $1,100).COLLECTION: What do you guys recommend to collect payments in a timely manner?
3 November 2016 | 0 replies
I understand that, as an individual tax payer, there are considerations for rental properties vs. personal/vacation properties and cases where expenses will not be deductible.
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7 November 2016 | 6 replies
When a Solo 401k or IRA flips houses regularly, this incurs a trust tax known as UBIT - which is basically there to keep tax-exempt entities from driving taxpaying businesses out of business.
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6 November 2016 | 8 replies
If you did indeed decide that an LLC (not disregarded) with it's own TIN and filing it's own tax return) was appropriate then that LLC is not a foregin entity and becomes the tax payer for the property and could do a 1031 on it's own standing.
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14 November 2016 | 10 replies
As we know from the election, taxes are not public info and the public sees it only after the taxpayer voluntarily releases it.
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4 April 2017 | 2 replies
Step us basis is achieved when the asset is inherited from another taxpayer's Estate.
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10 April 2017 | 7 replies
The key is whether or not the taxpayer has "constructive receipt" or "actual receipt" of the funds.
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6 April 2017 | 37 replies
How would you feel if the IRS said your taxes have not been paid until your tax payment has been "actually received"?