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Results (10000)
N/A N/A How we nagotiate with IRS?
14 December 2007 | 2 replies

The IRS wants to collect as much money as possible and as fast as possible. How can I nagotiate for my monthly payments?

Is Tax Attorneys helps in this?

Regards
James

Craig Lessler Using Capital Losses to offset Depreciation Recapture & 1031
20 March 2017 | 2 replies

Regarding a future 1031 tax deferred exchange, I estimate $800K will need to be invested into replacement properties to continue to defer tax liability of all depreciation recapture and capital gain from the sale of a...

Matthew Holland Seller Financing - Short Term Vs Long Term Capital Gains
6 April 2022 | 1 reply

Hello BP Crew,I purchased a foreclosure property in January 2022, did a rehab, and am now able to sell it 3 months later with a around ~$100k short term capital gain.  Since it's only been 3 months, I'm looking for wa...

William Joel Idleman Borrowing from Investment Retirement Accounts
15 July 2022 | 1 reply

I've talked to several people on this forum and they didn't know they can borrow from certain types of retirement accounts.  You can also use these retirement accounts to store cash at the end of they year to lower yo...

Judd Campbell 1099 a dead employee?
25 August 2015 | 4 replies

I had paid a casual worker approximately 1000 half way through the year when in July he died of a Heroin overdose. He was not married and was living with his elderly mother. He has no estate. If I file a 1099 on him w...

Josh H. Leasing Your Short Term Rental to Another LLC That You Own
1 June 2022 | 9 replies

Hello,I have heard of leasing your short term rental to another LLC that you own in order to minimize tax liability from a video that I watched, but there was no information given on why this is advantageous or the me...

Brad S. Property Tax Burden (GA, South East) - Multi Family & Commercial
26 July 2022 | 7 replies

I am just curious how much emphasis fellow investors put on property taxes and the impact that the sale will have on future tax liability. I guess it depends on who you ask, but in my experience, property taxes are ty...

Christopher Todd Selling a property with a 2nd mortgage
7 April 2021 | 1 reply

As many people do in their younger years, we accumulated a fairly large amount of consumer debt; around $55,000 worth. However we began to make better financial decisions and in the process of such built a home that h...

Pete Crutchfield What are things to look for in a CPA
11 November 2014 | 1 reply

If I want a new CPA - mines retiring in 2014 - what do I need to look for? I have asked him to recommend someone as I do not have a rental yet.

Other than asking "hey - you work with landlords?" What would be some s...

Travis Buck Possibility of being audited??
3 March 2018 | 11 replies

I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...