Help please in learning how passive losses can offset Cap Gains.I watched Brandon Hall's great #45 Daily Smart Tax video but my Turbo Tax seems to have a different opinion.
Form 8582 calculates Passive loss Limitati...
Hello all! My name is Natalie and I live in the Chicagoland area (Yeah, Blackhawks!). I currently work at an insurance company, grinding away at the 9-5, but I'm hoping to get out within the next few years and work fo...
Hello all, in podcast 36, Kevin Perk discusses a move out letter he gives his tenants of what they need to do in order of get their security deposit back with costs if they don't do what is required. Does anyone have ...
One advantage to DSTs is that they don't go through probate when the owner dies. The trustee distributes the owner's interest according to the owner's instructions, as I understand it. The owners of TICs receive deeds...
I have my first rental house. Got it rented to someone with good credit and no red flags. He moved in on 8/1 and paid rent and deposit several days early.
I gave him the option to pay via check or online thru eRentpa...
Hello everyone, I need advice.Issue 1: I purchased a 4-unit multifamily apartment in June 2023 from a landlord who rented a very spacious/ nice 2 bedroom 1 bath unit to her daughter and son-in-law for $775 per month (...
How can you do a 15 year loan to ensure your home is paid off in the 15 years? Higher interest rate and/or more money down?
One click. One-tenth of a second later, $73,000 disappeared into the ether and two Phoenix home sales were derailed.It was no accident. Homebuyers across the country are being targeted in custom-tailored email scams a...
So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...
Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...