Derek Heinz
House hacking with low liquidity and an investor or two
3 January 2025 | 3 replies
I have a good FT job in education administration, but I want to retire asap, focusing on RE (so, not really retiring, but you get the idea).
Bruce Woodruff
Thoughts on the California fire repercussions
14 January 2025 | 17 replies
The California government will deal with the damage the same way all governments do , they will find a way to raise taxes or get the Feds to pay for it ( that will be difficult with the new administration ) Here is what I find ironic , California has C.A.R.B. to pass regulations on vehicle emissions .
Nirek Rao
Attorney specializing in immigration + business + tax laws
1 January 2025 | 1 reply
To navigate the nuance in the laws properly for compliance and to accurately structure our LLC, I am looking to consult with an attorney who knows immigration + business + tax laws.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip.
Daniel Baker
Questions to ask.
1 February 2025 | 9 replies
Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?
David Williams
Capital gains question
1 February 2025 | 12 replies
What you owe doesn’t affect how much tax you owe.
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
31 January 2025 | 12 replies
We are now married and I expect we'll file our 2024 taxes jointly.
Susan K.
Q on deferred salary to a Solo 401K
30 January 2025 | 6 replies
Best to check with a tax pro to ensure compliance!
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
I can’t imagine the returns you would have to generate. 22% federal tax, plus 8% state tax, plus 10% penalty.
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
31 January 2025 | 6 replies
In non-community property states a husband/wife LLC is supposed to be treated as a partnership And transferring from a revocable trust (reported on your 1031) to a partnership LLC (that files it's own tax return) is changing the tax payer.