Robert Grbac
Tax Strategist in KC
29 January 2024 | 3 replies
Looking for a Tax Strategist in the Kansas city area.
Account Closed
Boutique Motel Owners
31 January 2024 | 18 replies
They had set pricing for the weekdays and weekends, and based on the tax returns they sent me it appeared they were not reporting all their income.
Brian Plajer
Cost segregation study?
31 January 2024 | 19 replies
- Do you have a current need for that cash flow generated from the tax savings?
Layne T.
Cashing out 401k for Rentals?
29 January 2024 | 21 replies
Taxes are the biggest eroder of your wealth.
Elissa Krapp
List of questions to ask HOA in So. Florida
31 January 2024 | 17 replies
Also the property taxes are extremely high for properties especially as a non homesteader.
Austin Latty
Advice on first flip
30 January 2024 | 11 replies
Document everything, personally I use a CPA for my taxes.
George Harris
Quiet Title vs Tax Title Services
27 January 2024 | 46 replies
Then I paid the taxes and got the 10k back that I had paid for the tax lien.
Moshe Marciano
Short term rental in CA
30 January 2024 | 15 replies
Malibu allows it but requires a 15% "hotel tax" on the gross revenue.I would recommend looking out of state or underwrite the property as a long term rental in the event laws change.
Brooke Carlton
I'm ready to make a move....
30 January 2024 | 2 replies
-(side note, I don't qualify for a HELOC as I wrote off too much in taxes as a realtor)What would you do?
Chris Logan
Looking for some Clarification.
30 January 2024 | 5 replies
There are a few problems with what you said and how you are planning to go about filing taxes for your rental income.First, I think you meant your LLC is operating in a State that is NOT a “community property” State As a result, you will need to file a LLC tax return with the IRS and State -> Yes, you are required to file The LLC tax return you file (I’d recommend getting help) will include an IRS Schedule K-1 for the LLC parters (you and your spouse).You will need to use these IRS Schedule K-1s to report your rental income and expense on your personal taxes return.