Melinda Brown
Sell vs Rent and qualifying for capital gains exemption
5 March 2020 | 2 replies
Generally, if you have lived in the place for 2 years of any 5 year period you don't pay capital gains on the first $250k if single or $500k if married filing jointly.
Daniel Suarez
2 member LLC taxes question
7 March 2020 | 5 replies
You will need to file partnership tax returns (technically an 'information' return) and the LLC must issue a Schedule K-1 to yourself and your partners.
John Stewart
Wholetail in Chattanooga
5 November 2020 | 3 replies
I have not filed for 2020 yet, but I imagine that I will have to pay short term capital gains!
Ginger A Kinney
Eviction process and notices
5 March 2020 | 2 replies
DO I still have to give a 3 day notice to file eviction if they don't leave
Marcele Johnson
What should I do next?
6 March 2020 | 6 replies
Hi I’m in the process of closing on my first multi family deal a duplex which I will be living in as well with my girlfriend and next year she wants to buy something or we can go in on something together but we don’t know if we want to flip a house or another multi family because she just filed bankruptcy last year and we don’t know what our options are for the next move so can someone please help me out cause I was thinking buy another building but she said a house anybody have any suggestions?
Fausto Carosella
Credit/Debit Taxes on 1031 Exchange
6 March 2020 | 4 replies
Esp when it's not much and your accountant can always adjust when it's filing time.
Brad Ball
Would you mail a list 10 years old?
8 March 2020 | 4 replies
I was going through some old files and came across lists I purchased about 10 years ago.
Seth Firestone
How to file 1098 taxes when owning a home with a real estate part
6 March 2020 | 1 reply
My real estate partner and I bought our house in May and are currently filing our taxes with Turbotax.
Paul Bame
VA Refi- Need some advice
11 March 2020 | 9 replies
If a lender wants to sell the loan they better get it otherwise the loan may be undeliverable or unsellable if they Deliver a file with a old survey.
Joe Cassandra
Where the heck do your seller's go after you've bought the house?
13 March 2020 | 50 replies
To your point, someone who's missed mortgage payments and filed for bankruptcy isn't someone I'd want to rent to...I might as well just close on the house and kick her out at that point...because likely I'd have to evict her.