I’m interested in obtaining a Roth Conversion Calculator that would analyze pros and cons of a Roth conversion vs keeping IRA.  Calculator should provide amount of conversion  tax payments needed, one or multiple conv...

Hi BP! My wife and I are purchasing our first rental property and looking to set up a DBA. After researching some information about sole proprietorships and partnerships, we are confused about the right approach. We l...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $128,200

Cash invested: $12,800

First home I've ever owned. Bought in a medicare sale with all closing costs paid a...

An older friend died who had a daughter. She had no will and claimed she "signed her house over to Medi-Cal in order to receive benefits. The tax role says it's still in her name. The daughter has not reported the dea...

Hi, everyone! I am wondering if anyone has bought a house from a seller on Medicaid before? I found the house through bandit sign marketing and I intend to hold and rehab it. I have been corresponding with the seller'...

I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...

My parents have made a will leaving me their home. They're in relatively good health, however, I've read horror stories of families losing homes to medicare. So, I asked them to meet with a lawyer, thinking a living...

Four Things to Know about Taxes and Starting a BusinessNew business owners have tax-related things to do before launching their companies. Here are some items to consider before scheduling a ribbon-cutting event.1. C...

Hi everyone,

I have found a very good handyman with experience in apartment rehabs. He does fantastic work for $15 per hr, but, alas, has neither health nor liability insurance. Thus, I am considering hirin...

Hello all you smart people......I have been a stay at home mom (my husband works a 7-5 government job) and commercial real estate investor for the last 20 years.  Every year I discuss our return with our tax preparer ...