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2 September 2020 | 7 replies
Is there a website where I can find out if a property has a federal tax lien on it?
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1 September 2020 | 1 reply
However, with the Feds (and the federal government) pumped trillions of dollars into the market, it essentially force corporations and financial institution to act rather than wait out.
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4 September 2020 | 24 replies
Consider state municipal bonds as they can get to that rate and most are exempt from federal taxes.
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2 September 2020 | 1 reply
I found 1 good comp that sold 6/3/19 for $170k.If I hold the house til May 2021 I could sell as a long term capital gain and since I file as single making under $40k I believe I won’t pay federal tax on that.
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6 September 2020 | 2 replies
Otherwise, the suspended PALs cannot be used to offset nonpassive income until substantially all of the taxpayer's interest in the activity is disposed of in a fully taxable transaction [IRC Sec. 469(g); Reg. 1.469-4(g)].
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6 September 2020 | 0 replies
What steps would I and my new agent have to take to be compliant with state and federal laws?
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7 September 2020 | 10 replies
@Sue Hough -In a nut shell, Investing in OZ lets you differ the capital gain tax (Federal Tax) You have to invest all your capital gain in the OZ.
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4 October 2020 | 4 replies
@Kevin YoungIf you have a current residence that you lived and owned for 2 out of the last 5 years, you may have a limited time to take advantage of section 121 exclusion.If this is the case, you may want to determine the amount of tax savings you would have by doing this(federal and state taxes).
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6 September 2020 | 1 reply
BP,I am trying to wrap my head around the Federal Moratorium.
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10 September 2020 | 3 replies
On a local scale- I know many major cities are going above and beyond the federal limits.