Stephanie Maisoneuve
Going rate for electrical panel replacement
Hi everyone!I have a property in Jacksonville, FL with a Federal Pacific electrical panel. I suspect that I am going to have issues with insurance so I am looking to replace it. Do you know of the going rate for elect...
Jessica Flint
sending tenant late rent notice
I'm fairly new to rentals and haven't had to evict or even send a late rent notice. Now with Covid and not being able to evict, what are landlords sending to tenants when late on rent? Don't I need to send them some...
Omar Malik
Bonus Depreciation in Non-Conforming State
I have a short term rental that I did a cost segregation on and am taking accelerated bonus depreciation. I live in OR but my rental is in AZ. My issue is AZ is a non-conforming (does not recognize the bonus). If I...
Kezia Edmonson
How to offset income from other rentals (in diff states) by buying new property?
Looking to buy another rental and do a cost segregation to boost tax deductions to offset income from other rentals. Question is, I have these 2 rentals in different states. Do I need to buy the new (3rd) rental in th...
Gitit Hefetz
How to calculate capital gains
Hello,
We have bought a house as a primary resident and due to personal reasons Its seems like we are going to need to sell it about a year after the house was purchased. I'm trying to read to read on line but I don...
Ross Yeager
philadelphia business taxes
My LLC is setup in Philadelphia (PA LLC). Philadelphia has its own set of business taxes, but my LLC is setup as a sole proprietary, therefore acting as a passthrough to myself for state and federal taxes on the prof...
Soo Y.
Federal Restitution Lien in Place but USA Not a Named Defendant
Here is a real-life scenario:1. SFR listed on MLS;2. Same SFR also has a Lis Pendens filed against the owner and is scheduled to come to sheriff sale next month;3. Lis Pendens was filed two months before the United St...
Stan C.
Can I sue state government for damages by moratorium on eviction
(I don't want to limit this to Legal forum, so please let me post it in thus general thread).
This is my first property, financed 2 years ago, so obviously I don't have much reserve. The property is in North Carolin...
Hillary Young
state tax much higher than fedral for W2 earnings of $14k ?
Hi, I have a question regarding my 16-year-old has W2 earnings of around $14k, so he will pay $160 for federal tax after standard deduction. But using turbo tax his state tax turns out to be $588, does that sound rig...
Liz Rogers
Capital Gains Tax Threshold?
Is there a threshold for when you have to pay capital gains tax? For example do you have to make $100K before you get hit with capital gains? Thanks!