Jaleh Afrooze
CARES Act- Real Estate Depreciation Loss Carryback
12 April 2020 | 5 replies
The stimulus bill temporarily halts this limitation which limited taxpayers from taking losses in excess of 500K (married filing joint).
Jen Senecal
Investing as a couple with a partner
1 May 2020 | 15 replies
Do nothing without everything in writing by an attorney, and filed with the state.
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
10 April 2020 | 7 replies
Nonresident alien individuals and a person who is the dependent of another is ineligible to receive the payment.The cash payments will be based on the recent tax information available to the IRS, based on the 2018 or 2019 tax return filed, but is subject to a “true-up” based on 2020 tax return information.RETIREMENT FUNDSThe law makes significant changes to retirement plan payment and loan rules.Required Minimum Distribution rules for qualified plans and individual retirement accounts are suspended for 2020.
Lance Lvovsky
Business Summary of Coronavirus Relief
4 April 2020 | 1 reply
Depending on how broad such exclusion is, an insurance company may challenge the right of a business to file a business interruption claim.
Dave Urban
The New Contractor page.
29 March 2020 | 0 replies
As a contractor myself I was excited to see this as a resource, when I saw homeadvisor I was pretty upset.Homeadvisor preys on contractors, sells them bogus leads or over used leads, locks them into incredibly high prices which dont get me wrong if your getting quality leads you pay but there leads are literally wild goose chases.This is so prevalent they filed a class action lawsuit against them.Please do not use home advisor, shop and vet you local contractors.
David Johnson
Tax Advice for Flipping
29 March 2020 | 3 replies
I'm looking for quick tax advice on how to file my couple flips and really appreciate your time and knowledge!
Cheng Bin Zhang
What to do if your tenant attempted suicide and is now admitted?
29 March 2020 | 8 replies
If you want to vacate the unit, you probably need to file a dispossessory action.
Kira Simmons
Lease ended, ky says no evictions because Covid-19
29 March 2020 | 3 replies
So called professional tenants going to take the full advantage of COVID-19 eviction filing rules.
Andrea Finkelstein
Anyone Know - tenants who haven't lost income still protectected?
31 March 2020 | 7 replies
See it here:https://azgovernor.gov/sites/default/files/eo_2020-14_0.pdfI would contact your lender and tell them your hands are being bound by the state, and then also call your local officials and ask for protection for landlords as well.Ultimately, the hope is that lenders would offer landlords a loan forbearance, and that landlords will offer the same forbearance to their tenants