
13 December 2022 | 2 replies
-Marital home transferred between spouses and the only consideration is a mortgage or other lien encumbering the property -Marital home transferred between former spouses pursuant to a divorce decree (Rule 12B-4.013(27), Florida Administrative Code) -Property transferred to or from a trust with no beneficial ownership change (Rule 12B-4.013(28), Florida Administrative Code) -Gift of property which is not subject to a mortgage -Document is exempt or all parties to the document are exempt (please explain under “Other” below)-Other – Specify

27 February 2021 | 17 replies
Now neither the attorneys that market these awkward, convoluted, expensive and administratively burdensome constructs, nor their victims who can't wait to jump into them at any price to prove to the world that they are a chest thumping real estate "player" would ever even begin to contemplate risk mitigation through the excercise of basic business due diligence activities.

15 November 2021 | 6 replies
Then it's probably best to wait and have your Roth conversion taxed at the lower rate of next yearif you plan to double your business next year - convert now and use this year's rateif you believe that the new administration will increase tax rates for next year - convert now to lock into today's ratesif you expect to not have the cash for the extra tax - maybe waitAnd remember that you can split the conversion: do some of it this year, and the rest of it later.

21 October 2020 | 7 replies
I have used 401k loans to purchase three properties and would do so again in a heart beat if I were able, but our 401k administrator recently put a limit in loans by requiring the loans be 5 years apart, which disappoints me.

14 January 2021 | 10 replies
As a disqualified person to your IRA, you may perform very basic and limited administrative activities, but you may not personally benefit nor may you inject value into the IRA via the provision of goods or services.

15 February 2016 | 7 replies
We have a new administration coming in 2017.

15 July 2020 | 22 replies
I have seen on this website answers both ways regarding this (the site administrator saying leave it in Sch A, and his colleague (also a enrolled agent) advising that it can be written off in Sch E, but that there are certain restrictions mainly -- you must have passive activity gains where the deductions are covered (no passive activity loss carry over allowed.

30 March 2021 | 43 replies
Quite a potential administrative burden for landlords.

9 January 2023 | 9 replies
If the blocking continues, you will certainly have more credibility in discussing the problem with the Transportation Department of the municipality and/or even with police administration.

9 January 2023 | 2 replies
Hi @Chris Reyes, I haven't run into this, yet if you have the appropriate paperwork on file for the trust and have a direct line for the administrator then it should function pretty smoothly.