Looking for a bookkeeper in the Western mass area to handle the house flipping side of my business.  Ideally someone that invests themselves.

I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...

There's not a lot of info out there on enrolled agents, but they are just as qualified as CPAs to do taxes. They must pass a 3 part test that is created by by the IRS. I've been thinking about getting my EA certificat...

More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...

As first time investor how does one conduct effective due diligence and cover ones basis?. What material should be asked or checked and verified?.

Auction is in 2 days. Drove by the house tonight and there are definitely people living there.The tax lien is against one LLC. Checked the auditor's website and that Lien holder sold the property to another LLC in Jan...

OK, tax pros, please answer these scenarios for a buy-and-hold investor that materially participates in their rental activities:

1) You draw down on your personal residence HELOC to finance a rental property. You d...

                 1) Want to contact land owner who are behind their taxes , even before the land goes to auction                 2) NOT interested in Tax Lien or Deed auctions           3) Read the threads here on Tax...

Hey BP, feel like I have an opportunity here and I need some help closing the "deal". Lets start....I was put in contact with someone that was trying to sell.  This seller is 97 and I guess is a fire cracker.  She is ...