23 September 2024 | 0 replies
We are in the process of hiring people and want some advice on structuring our new 1099 clients/ contractors/ employees for lead management, acquisition and disposition.
13 May 2024 | 0 replies
According to the IRS Office of Chief Counsel, a foreclosure on a rental property does indeed constitute a fully taxable disposition, potentially releasing previously suspended rental losses for deduction.Consider a scenario where a landlord purchases a property for $1 million, financed entirely through a mortgage.
20 May 2024 | 28 replies
If the property is depreciable in the hands of the related acquirer, the gain on the deemed disposition between the related parties is ordinary.
16 July 2024 | 3 replies
Will the rental period be considered a non-qualifying disposition?
25 June 2024 | 5 replies
A domestic partnership that sells real estate generally is not subject to FRPTA.Thanks Mitchell.Is that also a tax based on the gross sale price in case of a disposition?
1 October 2024 | 15 replies
Here's an article where I gave an example of how CSS benefits you when it comes to partial asset disposition.
9 September 2024 | 19 replies
Since this is a replacement, consider taking a partial asset disposition on the old roof.
22 October 2024 | 8 replies
I saw that depreciation can be corrected on a single form.Also I do not understand how/where to do a partial asset disposition in turbotax.
23 October 2024 | 18 replies
Yes @Tj Hines I'm extremely clear on the need to have an additional role which is why I included "I understand my role should include more than raising the initial equity investment and continue throughout the holding period and disposition" before asking my questions.
10 June 2018 | 17 replies
You get an asset management fee of 1% of the gross collected income each quarter and a disposition fee of 1% of the sales price when you sell.