
15 March 2024 | 4 replies
It can be used as income the year after you collect if filed on tax returns and offers deductions as well to offset monies owed.

15 March 2024 | 7 replies
Off the top of my head, I believe I'm paying them around 18% total commission (they charge 10% on all taxes, fees, cleaning etc).My question is - Should I relist my property now during dead season or wait until peak season?

14 March 2024 | 4 replies
Carrying cost loan (closing costs on loan and interest), utilities, etc can be written off from a tax standpoint to reduce your liability/

14 March 2024 | 9 replies
Tax liens3.
12 March 2024 | 1 reply
The only concern if doing quitclaim will trigger home reassessment, that will push property tax higher.Comments and suggestions are welcome.

14 March 2024 | 1 reply
Are there any tax implications or other considerations if we use this loan for our personal home project?

15 March 2024 | 14 replies
Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

14 March 2024 | 2 replies
The LLC is a passthrough entity for tax purposes, meaning the losses/gains will show on your tax return.

14 March 2024 | 0 replies
-Consider offering incentives or concessions if offers are not being submitted.Tax Planning:-Understand tax implications and consult with a tax professional.Pre-Sale Inspections:-Conduct inspections to address potential issues beforehand.Remember that every real estate market is unique, and the effectiveness of these strategies may vary.

14 March 2024 | 1 reply
However, it is important to note that the IRS has strict rules and regulations in place to prevent abuse of the depreciation tax benefits.