For Tax Year 2016, IRS E-File Closes on November 18th; After That, Disaster Victims, Others Need to File on PaperWASHINGTON —The Internal Revenue Service today reminded people, including those in disaster areas, who w...

Hello all,I have recently applied for a commercial loan for a property that will be a rental property for me. During the process, we found that we had some unpaid federal taxes that is now being paid to satisfy the ba...

Hi
I own and lived in my principal residence for over 20 years and a significant capital gains.
1 If I sell my principal residence I pay no tax on the first $250k of capital gains (filing single), but if I have ad...

How much money could we save in federal taxes if buying a larger house with higher property tax? Will it offset a higher mortage payment at all? We live pretty inexpensively right now for our income. How do we figure ...

Hello BP, 
Please give me your advice on this:
I have purchased a property under my LLC. The property is located out of the state from my Residence-Address (Address on Driver License).  I have primary been living in...

I have a former primary SFH that is fully paid of and about to reach the 2/5 years rule. I have no plan of selling it. I want to convert it into an LLC to offset the capital gains. I was about to start an LLC, but few...

Curious if 1031 Exchange laws vary by state, or if it is just federal legislation. Thanks!

I’m in need for a CPA who can help with setting up an LLC and give advice on tax write offs on real estate properties. Does anyone know of somebody reputable and trustworthy?

Hello - I am a newbie investor from San Diego Ca - just purchased my first investment property in Atlanta (SW) !! Purchased duplex w/ 2 current meters --later property was converted to quad -- anyone have any idea of ...

I have a rental and got a state WI. refund. Is it taxed as part of my gross income next year at 100%?   Does it count as income for next year??