Ok I may be over analyzing this situation but just trying my best to fully comprehend and understand the process. So I understand that after paying the Delinquent Taxes to the Alabama Revenue Commission and they send ...
@deniseevans A friend passed away August 2015. I purchased the property at tax auction in May 2016. He owned the property outright. A trailer on the property is not listed with the legal description & in his mothe...
We wholesale 40+ houses a year, most of them we double close on since they are bank owned and can't be assigned. Ohio, if your volume is over 1,000,000 in sales you pay CAT (commercial activity tax). You don't have to...
https://www.wdrb.com/news/proposed-legislation-would-legalize-recreational-marijuana-in-kentucky/article_4ecfe818-20f7-11ea-b478-ebd436326379.htmlWill provide a lot of new tax revenue and create a new business niche. ...
That's right. New signs on the highway are advising that the fine for littering is $6,240.00.
Apparently tax revenues are down and the state is going to make up the income somehow.
Fines double in construction zones...
My wife and I both have W2 jobs. We are currently in the process of refinancing our rental properties. After we refinance, the mortgage and deeds will be in one of our individual names (versus formerly in both), but ...
Hi all, I have a question I can’t find an answer to.
Would it help me get pre approved for a new owner occupied mortgage if I omit rental property expenses in my tax return? ($13,000)
My family and I would like to m...
Hi,I am looking for an investor minded CPA or tax strategist in the Central NY area. Syracuse area would be great but willing to travel towards Rochester if needed. I have 4 homes, and am actively purchasing more whil...
Hi guys, I am a long-time BP podcast listener and this is my first forum post. I am hoping that someone can offer insight into the requirements and effects of gaining agricultural exemptions, particularly in Texas. ...
We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...