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13 February 2025 | 0 replies
The January 2025 report from the Austin Board of REALTORS® (ABoR) shows stable housing prices and balanced market conditions in the Austin metro as we start the new year.
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6 February 2025 | 1 reply
Does anyone have a website for a good template to create an annual report for filing?
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17 February 2025 | 4 replies
bringing on someone not only fiscally but also with experience in this type of rehab is key, as you will need to write a good scope and budget for the unknowns.
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6 February 2025 | 10 replies
If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much.
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28 January 2025 | 1 reply
GDP, so any shifts in fiscal or economic policy will ripple across the industry.
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18 January 2025 | 1 reply
The December 2024 report from the Austin Board of REALTORS® (ABoR) shows stable housing prices and balanced market conditions in the Austin metro as we reached year’s end.
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23 January 2025 | 5 replies
Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).
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28 January 2025 | 4 replies
Rates aren't high, the great moderation was poor fiscal policy.
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11 February 2025 | 5 replies
I can't even access all of my old property reports that I created with the calculator in the past couple months without upgrading to BP Pro.
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12 February 2025 | 12 replies
Since your Kansas-registered single-member LLC owns property in Missouri and had a net loss in 2024, you’ll need to file in both states:Missouri: File a nonresident return to report the net loss.