Jean-Frank Dorvil
best area in for Virginia REO, Distressed homes.
24 March 2017 | 6 replies
Delinquent tax payers listing?
Andreas W.
Rental condo, 100% of value depreciable?
23 May 2023 | 12 replies
IRS LOVES third party corroboration for anything a taxpayer reports.
Mohammed Quadeer
long term carryover loss to offset depreciation recapture
24 March 2018 | 7 replies
- How much is the ordinary taxable income, if any?
Jolee Butler
County Assessor Information
13 January 2016 | 3 replies
Usually a property assessment is the value assigned to a home for the purpose of determining property tax payments.
John Payne
Tricky question about a 1031 with immediate seller financing
3 August 2017 | 5 replies
Link below. https://firstexchange.com/Same-Taxpayer-Rule-Addin...
David Millot
Leverage or Sell? How to make the next step in RE for the newbie!
24 May 2021 | 10 replies
Current 1 year lease is for $1,800 monthly rent. 8% property management, $55 HOA, and $1,280 mortgage, insurance and tax payment, and saving the the rest for future expenses.
Beverly Caswell
who is responsible for insect infestation
22 July 2022 | 6 replies
Typically, the tenant is responsible for ordinary pest control.
Will Barnard
Take the Tax Hit or 1031?
9 April 2013 | 66 replies
California does not have a capital gain tax rate and California's top ordinary tax rates are now tiered from 9.3% to 10.3%, 11.3%, 12.3% and 13.3% depending on your AGI.
Brian Ortiz
CPA will not draft "comfort letter" for self employment
15 April 2022 | 28 replies
It included language regarding the self-employed taxpayer's solvency, which a is a big problem for CPAs, especially that are only engaged to prepare tax returns.Third Party Verification Letters (comfort letters) are not new.
Jordan Northrup
Tax implications for Syndication LPs
9 February 2023 | 17 replies
LP returns would be structured as a combination of ordinary income and capital gains.3.