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Results (3,888+)
Robert L. How to report flip fees in LLC tax return
13 November 2018 | 9 replies
If the Form 8825 expenses adds up to a loss for all of my houses, does this constitute as a loss to the IRS (per the 3 out of 5 years loss in their publication that they said you can claim)-OR-since I have this surge of ordinary income from the flip fee that will result in a PROFIT for the company overall, then does this mean that the LLC ultimately result in a profit even though the houses in Form 8825 showed a loss.  
Brion Spensieri Removal of onsite laundry / appropriate rent reduction?
14 November 2018 | 8 replies
As such, my thinking is that this constitutes a reduction of services for our female tenant who signed the lease with onsite laundry as a consideration, but not a reduction of services for the male tenant who signed his lease before onsite laundry was available.
Jon Stennes Help! Inheritance, in debt, and no financial knowledge.
14 November 2018 | 2 replies
I am 1 of 4 children, who constitute all of his beneficiaries.
Alberto Murillo Price Gouging/CA State of Emrgncy Decl.California Penal Code 396
10 August 2021 | 2 replies
My belief is that the legislature believed that a lease term OVER 1 year constitutes price stability for the consumer/renter, and is therefore not regulated by PC 396.
Amber K. Do I have to let go of my integrity to be successful?
7 January 2019 | 61 replies
The interest of the man must be connected with the constitutional rights of the place.
Grant Ancelet Tax deferring question
28 November 2018 | 11 replies
Because there is no specific time limit on what constitutes a 'long-term investment' for the IRS, they use 'intent' as one of the ways to suss out whether you really did buy to hold and end up selling faster than anticipated (something that does happen, but not regularly) or are just trying to have your cake and eat it too by using the 1031 on a flip. 
David J. Tenant refuses to use online system that I want to switch to.
5 December 2018 | 26 replies
I believe that if they deposit it directly to your account that constitutes acceptance and that may cause you troubles. 
Shane R Smith Security deposit interest owed?!
20 December 2019 | 17 replies
It's not in excess which, with my understanding, does not constitute interest. 
Dorian Dixon Do I need a contract to house hack?
13 March 2019 | 2 replies
You don't have to use a written contract, because acceptance of rent constitutes a legally binding, oral agreement between you and the tenant.
Jacob G. sales tax on commericial real estate fllorida
22 February 2019 | 5 replies
Are you asking for the Constitutional authority?