Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project?
22 January 2025 | 1 reply
Tax credit 45L for a 90 unit or 112 unit project?
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
I guess they are the same Taxes so it makes it easier.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 replies
@Eli JermanYes, you should hire a tax professional.
Shawn Questa
Creative Ideas to Help Distressed Seller and make a Deal Work
23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.
Noah Laker
TAXES: Divorced client wants to sell
17 January 2025 | 3 replies
Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.
Pranav Patel
22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington DC area).
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
And you now have to file three tax returns:- partnership tax return- your individual tax return reporting 1/2 of the partnership losses- your partner's individual tax return reporting their 1/2 of the partnership lossesAnd while partnership return can be DIY-ed, it probably should not be.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.