Elizabeth Taras
300k and first time investor (New Jersey)
3 March 2024 | 12 replies
Hey Elizabeth, Since you are selling your business you are likely getting capital gains treatment on that gain if you have owned the asset for over 12 months.
Claudia Acanda
Termites home help please
29 February 2024 | 4 replies
I would ask for them to pay for a termite treatment since it is unknown.
Costin I.
What should one use for the home basis value in a CSS?
29 February 2024 | 8 replies
All it does is takes your already calculated tax basis (again - your actual acquisition) and identifies some components of that basis that have more favorable depreciation treatment.
Kirk Roberts
Selling property tax implications
29 February 2024 | 8 replies
@Kevin Sobilo is correct, this property will more than likely not qualify for 1031 exchange treatment.
Scott Lepore
70% Rule for flip
29 February 2024 | 10 replies
You may find buying what might appear to be a lesser cash on cash return rental asset that's held long enough to take advantage of more efficient long term capital gains tax treatment, while paired with the benefits of the depreciation might yield a better after tax return than flipping a home.
John Vietmeyer
Patio door - Verticle blinds or curtain rod
28 February 2024 | 6 replies
Just go to a local home goods store and you might find some cool options.I recently redid my own place with new window treatments, and I found a helpful comparison website to check out various options and prices.
John Morgan
Can I save old dog peed on wood floors?
28 February 2024 | 28 replies
But a Zinsser wood bleach kit and follow the directions.Sometimes, you're going to want the whole wood floor to be darker, and anytime you do, that's great news for spot treatment, because it makes matching the stained wood to the rest of the floor a lot easier.
Sam Schultz
Dedicated to Success
28 February 2024 | 7 replies
As of this post, I have not yet had my appointment with my neurologist to discuss the findings and route of treatment.
Kieran Dowling
Rehab of a duplex
28 February 2024 | 11 replies
While it may come at a higher cost, for a project involving plumbing, boiler conversion, and termite treatment, my strong recommendation is to opt for a reputable general contractor.
Karina Lucid
WealthFactory or Wealthability
28 February 2024 | 13 replies
That said, they did pair me with a tax professional, who has been a godsend, and has really been so much help to me in terms of getting some much more favorable treatment with my tax liabilities.