Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
The exact steps depend on the nature of the defaulted debts and on your local laws.State income tax planning.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
I'm confused why would you say that rental income is taxed in an IRA?
Abe Linc
Rental mortgage in retirement
18 January 2025 | 3 replies
Rental gives $500 monthly income from $2,000 rent.
Amos Lee
Ohio or Vegas??
6 January 2025 | 8 replies
Don’t forget to pay your state of OH income tax, even on the formerly tax free money you are transferring out of NV in to a state with income tax. :-).
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
Tennessee has 0% tax.
Will Almand
Cost Segregation Questions
17 January 2025 | 8 replies
Would you have net income or net loss without the cost seg study?
Chris Mahoo
Long term rental when you are not full time real estate professional
16 January 2025 | 2 replies
So, without being a QREP, you can still offset your rental income with depreciation.
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
If I read the story correctly, your client did not report rental income.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Yes, it will delay your taxes on this income for another year.
Joan E.
rental property and tax filing
2 January 2025 | 3 replies
You can always use a software like Turbo-Tax and follow the prompts.