Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If you do place the property in her name, you've got a Gift Tax (Form 709) to complete.
James Thompson
Transfer of property
1 February 2025 | 2 replies
In the unfortunate event someone passes away and the property transfers via probate or a will, that fair market price gets "stepped up" so no taxes are paid.I would check with a CPA, but this is my understanding.
Niklas Zhu
Cost segregation recapture on a teardown property
31 January 2025 | 3 replies
My question is do I have to recapture all the depreciation for tax in 2025?
Luisa Morejon
What to do with the proceeds of the sale of my home?
1 February 2025 | 23 replies
Just a heads up this will not be tax free, it will be a pro-rated exclusion.
Curtis Cutler
cashing in 401k? rethinking retirement.
27 January 2025 | 9 replies
About 90k that will be taxed at 40% if I take it now.
Rene Hosman
Have you ever moved your HSA to get better investment options?
31 January 2025 | 12 replies
The contributions are lower so it takes a while to build, but once you do, it's tax-free investing.
Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
Is an IRA subject to capital gains tax?
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
Every time we're preparing for a new administration, there's plenty of tax-related noise.
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
Where is the income tax of 49% here?