What should we consider if we want to give/gift some of the proceeds of a home sale to a person not on title?
Any best practices to reduce/avoid taxes?
I am considering donating some weekend stays at my vacation rental for some charity events. Have any of you done this and if so would this be a tax write off?
I have never read about this scenario before.
Thanks for...
Good morning,I am looking to keep better tabs on operating expenses like gas, mileage and time spent on projects. What are some good apps or ways to keep track of those things? Thanks
Hello All, Just sat in on a presentation given by a lady that runs a non profit that sets up homeless veterans with a myriad of resources to help get them off the street. One thing that struck me was the request for "...
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...
Not sure if I picked the right category for posting my question. But I recently heard of an idea of renting your primary home from your own business entity. Let's say I want to buy a new house to live in, can I set up...
Hi and thanks for reading. I will try to be as concise as possible while providing as much pertinent info as needed.I am the only child of my parents, aged 69, who have done quite well amassing significant retirement ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $425,000
Cash invested: $90,000
This is an investment, but it's also a charity. The property consists of two reside...
I currently own 12% interest in a duplex and 2% in interest in a single family house, all as tenant in common. Both the house and duplex I co own with my parents and are 100% paid off. They both are owned in different...
I would like to set up a matching donation program for my employees and agents. If they want to give $200 to a local charitable organization, my company will match their donation, dollar for dollar, so they can give t...