Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
This has to do mainly with the timing of property tax payments for your own home (not for your investment properties) and your charitable donations.
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Income from a trade or business where a taxpayer doesn’t materially participate.2.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
.I took the average $4,000,000 house in Pacific Palisades CA and it shows a monthly tax payment of $4,167 for a total of $50,004 a year.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
In real estate, you can very realistically completely remove ANY bite, at least for a time, but also you get to make $ on what would be a tax payment (1031).
Marcus Welson
1031 deadline confirmation by QI/CPA & 1031 CPA recommendations
4 December 2024 | 2 replies
Hi Marcus,A Qualified Intermediary cannot provide tax or legal advice otherwise they may be considered an agent of the taxpayer.
Stephen Dispensa
FEMA Relocation Scam - Landlords/Property Managers Beware
7 December 2024 | 2 replies
They walked away from their leases, took FEMA money to move (and maybe even replace some "damaged" possessions, and are now living in new housing on the taxpayers dime.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
That works out to $74,000 per taxpayer.
Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
5 December 2024 | 13 replies
@Howard Cheng, the IRS does not care who the taxpayer for the property is.
Mitch Davidson
Anyone experienced with renting to FEMA?
3 December 2024 | 3 replies
They're spending tax-payer money, so they'll cut a check without batting an eye.Document condition before and after with photos, inspect regularly, and you should be fine.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
•Tax Savings Account: To save for quarterly or yearly tax payments.