Brendan L.
Tax question: first time homebuyer exception for IRA
Ok, so here is the order of events:Before the end of last tax year, made a 5.5k after-tax contribution to an IRA. Did not file for the deduction on that money. Withdrew the 5.5k from the IRA to help with closing on fi...
Stord Jacob
Tax lien and tax deed sales?
Hello everyone. Question so since the federal tax dead lines have been push forward what does that represent for tax liens and tax deed sales?
Jeremy Komer
Not Enough Money to do all 3, Have to pick 2 =( need help picking
Hello everyone, for once I actually have more good deals on my plate than I can actually finance.I feel safe doing 2 because I like to have a solid amount of money to deal with unexpected items like furnaces or water ...
Jeff V.
Q for CPA - LLC in formed in LA, Owns assets in other states...
Question for a CPA, Lets say I have an LLC in Louisiana that owns performing/non-performing notes in other states. Is the income from those notes subject to Louisiana State Taxes, or the state in which the note was o...
Cesar Rangel
California Wholesalers Advise Needed
Any California wholesaler,who can mentor or even give advise on wholesaling in California,has anybody try and made deals with trustee sales auctions or tax delinquents auctions?,I've done research and I'm getting new ...
Terence Purcell
Renting from yourself
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
Travis Frenchak
Writing off 100% of improvements first year
Is it possible to write off 100% of the repairs/improvements in the first year instead of taking it over a longer term? I put about $70k into a buy and hold this year and would like to write it all off. I understand t...
Leander Mcfadden
Property Tax deeds buying
From a company name property Crafters LLC stating that they bought a tax deed on my property so I go look into my property tax records and there is no record of me owing the county any property tax money then I look f...
Timothy W.
Submit or Pay
http://news.yahoo.com/s/ap/20090908/ap_on_go_pr_wh/us_health_care_overhaul
Want to be free to make choices for yourself? Well it's gonna cost you.
Tea Marie
Downpayment vs. 401K savings -how much
Hello,My goal is to purchase my first rental property (non-local) in 2017. I have just reached my emergency savings goal, now I want to save as much as I can for a down payment. Except for my emergency fund, all of m...