Steven Segal
Tax Foreclosure / IRS Lien Situation
I have been sitting on this house for awhile, just renting it out - waiting for the IRS lien to clear out next year. Here is the situation:
1. The county foreclosed on the property as the taxes were unpaid for severa...
Slaiman Atayee
Tax Situation With Rental Property - "Primary Residence"
Had a question about what the IRS requirements are to establish a permanent residence. I have lived in my parents house for the 2 years I've been out of school and I am not paying rent nor am I on my parent's mortgage...
Ashly B.
Best tax stragegy for my situation?
Currently have 1 4-plex and I'm looking to expand my portfolio this year. I recently got divorced and he kept the primary residence. As a now single person with no mortgage deduction, a 6 figure income and only gettin...
Ethan Au Green
Unique Tax Lien Situation in Colorado
Can a tax lien certificate holder use the lien as leverage to negotiate a favorable lease-to-own agreement with the owner?I'm pursuing this kind of an opportunity in rural Colorado. The tax lien was recently sold on a...
Justin Skinner
Trying to understand tax situation, would love perspective
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Ricky Stafford
Very peculiar tax situation (short-term rental depreciation?)
I rent out roughly 40% of my house on Airbnb (it's divided by door, has its own open kitchen living area, bathroom, bedroom). I renovated and started renting the middle of last year. The apartment isn't used for perso...
Mike Palmer
2 rare situations/crazy tax questions for any tax experts
Hello:
I have 2 situations that I have not been able to find answers to (at least to my satisfaction that they are correct). One is very rare and crazy, but the other I am sure has happened to someone out the...
Alex Silang
Best tax advantaged acccount for my situation?
I make about 50k a year, and I have some savings that I want to put a tax advantaged account. It might be used for real estate, it might not. It's not an emergency fund (I already have one). It's likely going to be pu...
Lood Le Roux
Tax Question when renting out primary residence, while renting an
I have been following the forum for info for a while, but this is my first time posting. I tried finding a answer to this question online, but don't really get anything.I own 2 properties. One is a rental so the tax s...
Joval Mathai
Tax situation with long term and short term rental.
I’m a first time home-buyer. I bought a multi-family in NJ in May 2023.
We live in Unit 1 and Unit 2 is rented out. Unit 1 where we live has a basement that’s rented out on Short-term rental/Airbnb (with average sta...