Also, part of the closing costs include property tax payment. 

If the net result is (1) an overall gain and the taxpayer has other passive activities, or (2) an overall loss and the taxpayer has net income or gain from other passive activities, the income and losses are posted to Worksheet 1, 2, or 3 of Form 8582.

I wasn't sure how to search this, so I thought I'd just ask here...When figuring out an amount required for a taxpayer in AL to redeem directly from me is it customary to figure in interest for "use of money" on expenses incurred during the time I held the certs?

Please help.... if you can cite case law, publications from the IRS, or anything that will give reference and cited guidance in this matter, I am sure all landlords out there would be appreciative and rendered better tax filers and tax payers as a result.

You need to take title to actual real estate as the same taxpayer for the old property.  

@David EngThe LLC is disregarded.The taxpayer is the IRA, and is classified as such, so check the box for Other and put IRA in the blank.

The case specifically stated that the taxpayers used wife's calendar and receipts to reconstruct the time and entries on both spreadsheets for the first half of 2014, and that for the second half of 2014, the time entries came from a contemporaneous log wife maintained on her phone on which she entered the date, location, time and description of each task she performed.

Funded By You, The Tax Payer: Only two things are for certain in this world, death, and taxes. 2.

I had my CPA prepare my federal and state tax returns and that came with estimated state income tax payments due quarterly which was helpful.

And how it impacts a taxpayer’s ability to use the losses generated by cost seq and bonus depreciation.