Janis Dikis
Does FIRPTA apply to wholeselers
21 April 2022 | 2 replies
Even in the double closing situation, It’s hard to imagine this event being construed as a real property disposition, especially if you have no right or custody to the sales proceeds of the property per the terms of the contract (though I’m not familiar with how these are worded).
Pete Woelfel
Tenants not getting along - allegations of threats
29 August 2021 | 5 replies
The normal SD disposition letter and move-out lists that you use as well of course. 3.
Brian Adams
Hit Another Home Run: In 18 Months Created $4 Million of Value
21 November 2017 | 51 replies
You truly know what you are doing all the way from acquisition to disposition.
Jason Powell
Ever Done Cost Segregation?
18 February 2019 | 10 replies
Using an engineered firm, that breaks down all assets (straight-line and short life) offers significantly more benefits, ability for retirement/disposition, and protects you in the unlikely event of an audit.Most forms offer a free Feasibility Analysis, so that you can determine the cost-benefit analysis.
Ryan Pyle
Accounting for asset disposal - do I have to recapture depreciation?
6 March 2012 | 6 replies
This will cause you to recognize the loss on the remaining basis of the carpet which could be subject to limitations based upon the other items and possible dispositions included on your return-Steven the Tax GuyYour guide to IRS laws, rules and regulations.
Pat Opiola
reporting sale of flips to irs
3 March 2011 | 24 replies
Your intent establishes that this transaction is a dealer disposition.
Jon Klaus
5 Pit Bulls
25 July 2010 | 25 replies
Opinions on a single, outside German Shepherd with a "good" disposition?
Patrick Roane
1st investment property: schedule E
3 March 2009 | 1 reply
Your property is dealer realty (not investment property) and its sale will be a dealer disposition Report your rental income and expenses on Schedule C.
Yan P.
LP or LLC Share investing. Plausible?
14 September 2010 | 10 replies
Consequently, certain conditions of the Securities Act may need to be satisfied prior to any sale, transfer, or other disposition of the Shares.
Chris Martin
UBIT only applies to property held <12 months?
17 January 2011 | 5 replies
In the instructions for Line 4a—Capital Gain Net Income, the IRS says: Generally, organizations required to file Form 990-T (except organizations described in sections 501(c)(7), (9), and (17)) are not taxed on the net gains from the sale, exchange, or other disposition of property.