Having a hard time finding info on Biden’s tax plan on long term capital gains. I see he’s Proposing basically doubling the rate for the 20% bracket. Does anyone know if his proposal effects the 0 and 15% bracket?
I came across a home and the owner has been deceased for over 10'years. The property has been vacant since her death. I spoke with the neighbor, he notes that her son has no rights to the property. I'm not sure if she...
The IRS released new guidelines and best practices for their internal review/audit process of 179D tax deduction claims. If you have claimed this deduction or plan to in the future, ensure that your CPA or tax special...
Today while driving for dollars I came across a property that has no tax bill. Nothing is being mailed to anyone got property taxes and for the past 2 years it has been exempt. Has anyone else ever seen this and what ...
I am consistently baffled by the complexity of the tax code in the U.S.
What percentage of the tax "savings" that you realize each year go to pay for overhead associated with preparing returns, planning, advice, etc...
Found another one...
Value about 90k, think I can get it for 60k
Basic number:
Rent $1000 - $1200
Expenses: $500
NOI: $500
Mortgage at 6%: $360
Cash flow: $140
Seems to work. My one concern is that I don't expec...
So basically what is happening now economically is that the government is printing money and handing it out. Some of it strategically and some of it not so much. 50 percent of the unemployed workforce are currently ea...
Not sure if this is off topic or not, but I assume it may be. I am just curious, if anyone here knows, do Allodial titles still exist? And if so, where? I last heard that they were only offered in the states of Tex...
Hi All
I am thinking of transferring ownership of a property from one entity to another.
Is it true that IRS will definitely NOT accept government assessed value for a property?
I prefer not to h...
Hello all,
I'm located in California and I have a question about a California county tax deed sale. If you win the bidding on a tax deed and receive the deed to the property (with or without the redemption period), ...