We got, one of our letters of ejectment back as "undeliverable unable to forward" today. We have no other address for the taxpayer but do for relatives. Would sending a letter to the relative asking to forward be reas...

Under item E for effective date of S election I'm instructed to begin my first tax year, with no prior tax year on January 7.Under column N I'm asked to enter the month and year that each shareholder's tax year ends.....

So I just opened my business a year ago, before I opened up I worked for a business and was putting money in my 401k.  Since I left the company I worked for, I never moved my money out of the 401k, and never put money...

Experienced investors- need some advice!So my husband and I are going to receive net proceeds from a REIT investment at the end of this year. The investment was a 173 unit apartment complex. To defer taxes, can I use ...

Hello, I’m very new here. I’d like to start house hacking and I know my first step is to find a lender. I have been employed in the service industry and have done freelance work the past two years. There are gaps of 3...

It seems that a lot of the government's response has been to 'pass the buck' to landlords instead of equally distributing any hardship. Remember 'tough times don't last...tough people do.' I'm letting this whole vi...

I have a tax question regarding the exit of 1 of 3 partners from a real estate partnership and would really appreciate any input:ABC Realty (a general partnership) has 3 equal equity partners (A, B & C). ABC Realt...

Hell BP,Has anyone had any experience purchasing a property on the courthouse steps in Michigan that has an IRS lien on it? I've been reading a lot threads on here that sounds like the IRS lien is wiped 4-months after...

I'm getting ready to sell a SFR, there's about $200k of equity in it.  This property was bought as a rental and financed under my name but realistically owned by my sister and brother-in-law.  They did the same for us...

We can agree that credit is tight in the current mortgage climate, right? Even for owner occupants with good credit, it would seem that banks are looking for reasons NOT to extend mortgage loans. Of course, investor...