Jordan Hamilton
Guidance on Tax Filing and Mortgage Considerations
10 February 2025 | 4 replies
Could you provide guidance on how to navigate this situation from both a tax and mortgage perspective so I won't have issues getting my next property?
Jessica Pratt
Tax free income from rentals
5 February 2025 | 5 replies
So often rentals don't have taxable income; and once they do it's still not subject to the payroll taxes paid by W2 wages or on self employed income.
Diana Mulvihill
Debating 7 vs. 9 Guests for My STR’s Peak Season to Pay Off Startup Debt
12 February 2025 | 17 replies
Congrats and knock out that extra debt you accumulated so you can save up for STR #2!
Donyea Jenkins
Employee tax question
18 February 2025 | 11 replies
Yes, the employee would still owe taxes.
Michael Eldridge
Changing tax preparer
17 February 2025 | 7 replies
Did you not get a copy with your 2023 tax return?
Jeremy H.
Tax Time!
13 February 2025 | 1 reply
For those with a W-2, perhaps optimizing 401(k), H.S.A. deductions to potentially get tax benefits.
Christian D.
Tax strategies for 1099
20 February 2025 | 2 replies
I recommend speaking with a tax strategist to discuss options to reduce your tax liabilities without becoming an S-corp.
Ngozi Iwunze
TAX flipping to renting
18 February 2025 | 9 replies
Single you get 250k exclusion of taxes, married 500k exclusion of taxes on profits.https://www.irs.gov/taxtopics/tc701
Bruce D. Kowal
Decoding the tax return of your Syndicated LLC - related party transactions
1 February 2025 | 0 replies
We affirmed the absolute rights, set forth in your State’s LLC Law, for ANY Member to request copies of the three most recent years Federal and State tax returns issued by the LLC.
Jason Miller
California Delinquent tax questions..
19 February 2025 | 3 replies
Check out the property taxes to determine if defaulted and address where bills are sent.