6 December 2018 | 3 replies
The year of your 1031 exchange your accountant filled out the form 8824 with your 1040 which reported the 1031 and allowed to allocate basis among the 8 and set up new depreciation schedules.
19 March 2018 | 6 replies
Given the seller financing details above, I know that an amortization table should show me paying $140,000 principal and roughly $58,000 interest over the 10 years of monthly payments, but how can I calculate the exact amortization schedule with principal/interest breakdown per payment?
18 March 2018 | 5 replies
I was just saying in my post above that it's important that your accountant does taxes...PLUS be an advisor (which is where accountants bring the most value).To answer your question:I am assuming you are talking about a fix & flip, rather than a buy/hold.This will not go on Schedule D because you aren't selling an investment with capital gains/losses - you are selling a piece of inventory so there are no capital gains.
14 March 2018 | 2 replies
My plan right now to reach that first goal is to flip, work PT or full time jobs, and continue to build up enough of a cash reserve to place a down payment on a few rentals.
20 March 2018 | 8 replies
I scheduled a dumpster and had changed the locks.
14 March 2018 | 4 replies
I am looking for any advice on job cost accounting software.
15 March 2018 | 4 replies
You guys work out a payment schedule and rate.
22 July 2018 | 3 replies
@Batu HoferHey BatuI am working on a basement doing a repointing job.
14 March 2018 | 3 replies
I enjoy my job but it is very boring.
12 October 2020 | 10 replies
The bank finally gave me a mortgage after I got a full-time job offer.