Hady Farag
Home purchase severely under appraised ... Advise?
29 June 2021 | 68 replies
.• The property has a patio and the comps he sent seems to not have any since they all have “None Noted” in that section.
Winnie Rim
Home Depot or Lowes?
15 July 2021 | 49 replies
Part of this project required me to take out a patio door and change it in to a swing door due to the reconfiguration of the kitchen.
Karisa M.
Refinancing Fee for Property Manager
14 January 2020 | 5 replies
Your request is above and beyond the ordinary day-to-day management of the property so it's reasonable that you compensate the manager for that additional time.
Payman A.
Depreciation recapture
27 February 2019 | 23 replies
I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate".
Joshua Dorkin
Have You Ever Bought a House from a Relocation Company?
20 February 2015 | 15 replies
We purchased our home in Atlanta through a relo company, but other than a couple addenda, it didn't seem out of the ordinary.
Dusty Bowling
Please Help!!! Expanding fast and need some guidence
5 December 2014 | 11 replies
Flip income is taxed as ordinary active income anyway so it can't get any worse than that.
James Park
Planning for your child's future college expenses. Vanguard 529
10 January 2016 | 19 replies
While 529 are tax free UNLESS the money is not used for education, then the earnings are taxed at your ordinary income level plus a 10% again on the earnings.
Timothy Wright
Can this be done? Is this even Legal?
8 November 2016 | 17 replies
The funds up to $10,000 would incur ordinary incone tax but not the early distribution penalty.
Yusuf Mathai
Putting a Team together
16 August 2017 | 18 replies
The property inspector discovered that the large back patio had a negative slope; it sloped towards the house.
Daniel G.
Acquisition Fee Tax Treatment
20 January 2017 | 0 replies
I've heard both sides of the argument saying that they are either treated as ordinary income or are capitalized and depreciated as a cost to acquire an asset.Anyone know for sure?