H. James Lee
1031 Exchange Vesting Issue
2 November 2018 | 9 replies
What is actually required is that the tax payer for the old property be the same as the tax payer for the new property.
Michael Plaks
Refinanced interest - is it tax-deductible?
28 October 2018 | 10 replies
Taxpayer C, a calendar year taxpayer, borrows $100,000 on January 1 and immediately uses the proceeds to open a noninterest-bearing checking account.
Jeanni Prescan
Inheritance tax on a house bought in LLC at judicial sale
13 February 2020 | 15 replies
the bidder then withdrew his bid because he didn't have the $9,000 tax payment.
Jeremy Johnson
Selling a recent commercial investment?
26 October 2018 | 5 replies
Any tax paying entity can perform 1031 exchanges.
William D Schablowsky
TIC Deed between spouses after one does 1031 Exchange
26 October 2018 | 1 reply
From the 1031 perspective you and your wife together are already the tax payer (or rather that joint return is the tax payer).
Juan David Maldonado
How do I convince mom to convert grandmas house into a rental?
28 October 2018 | 4 replies
Hello, Y'all, My mother took over the delinquent tax payments to save the home.
Randall Townley
Tax deliquent quiet title in Alabama
9 October 2019 | 6 replies
EVERY Alabama Supreme Court decision ruling that a taxpayer can redeem because it has been less than three years since the tax deed, has been a void tax sale case.
Guy Yoes
Buying 5 duplexes: Commercial or residential loan?
5 November 2018 | 4 replies
If that's the case then you and the LLC are the same tax payer.
Ada Tor
Are STR's worth it for a high-income earner?
15 November 2018 | 15 replies
If you are a W2 wage earner in a high state income tax state are you really a “high” wage earner or are you a “high” tax payer.
Lance Lvovsky
Check if your ITIN is expiring!
12 November 2018 | 0 replies
The IRS is encouraging individuals with expiring Individual Taxpayer Identification Numbers (ITINs) to start the renewal process before year-end to avoid delays at tax time.