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15 April 2024 | 33 replies
Drug sales on property7.
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15 April 2024 | 7 replies
Here's how the treatment of capital losses typically works:Netting Capital Gains and Losses in a Tax Year: In a given tax year, you first net your capital gains and losses.
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16 April 2024 | 10 replies
Except I knew her boss and found out her boyfriend had just gotten out of prison and got her back on whatever drugs they liked to do together, and she had actually just lost her job and lied about the cancer.
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14 April 2024 | 6 replies
Below is a link to a 5+ year flip that a member was drug through due to an occupant who was in place and related to the seller.
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12 April 2024 | 1 reply
In general, expenses related to the purchase or improvement of a rental property can be deductible, but the treatment of these expenses may vary depending on the nature of the expense and applicable tax laws.
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12 April 2024 | 10 replies
Services for survivorsHarriet's Hope is open to any individual — no matter their gender identity or sexual orientation — who has experienced human trafficking or chronic homelessness, meets CMHA's income guidelines for a housing voucher and is ready to make a commitment to sobriety, Kendall said.Most residents will be identified through the Salvation Army, but referrals can come from anyone, anywhere, she said.What sets the community apart from others is that the services residents need are embedded within it, Kendall said.Services include substance abuse disorder treatment by Alvis, case management through the Salvation Army, gender-affirming case management through Kaleidoscope Youth Center, a computer lab furnished by Dell, a food pantry, nutritional services, financial literacy classes, peer support, employment readiness programs, legal aid, health screenings, child care and more.Residents will start out with a one-year lease before going month to month, Kendall said.
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8 April 2024 | 1 reply
You don’t necessarily need to be local but there are also misconceptions and rules to follow:https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals
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8 April 2024 | 8 replies
The assets purchased would be considered "placed in service" in tax year 2024 and would therefore be able to be expensed/capitalized as applicable depending on the treatment of the assets.
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8 April 2024 | 10 replies
It turns out they are and the guest requires them to remind her to take medical treatments.
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8 April 2024 | 0 replies
The side effects from operations and radiation treatments left me unable to work.