I am about to build an ADU in my garage. Since I want to do it all by code and with permits, the city/county will definitely know about it. What I am wondering now is if my property will be reassessed for tax purposes...
Basics: On a typical wholesale deal, for example someone gets their first deal done and makes a $10K assignment fee, (and doesn't do a 1031 exchange). Is there a basic tax rate that he will have to pay at tax time or ...
I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks?
Is it standard no matter what the appraisal of your property is?
Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners. Whether you’re a solo entrepreneur, partner, landlord, hou...
I am starting to take direct bookings in Horry County Sac and I don’t know how much tax to charge for the state and local taxes.Any help is greatly appreciated.
Our IRA adviser is trying to convince us that capital gain taxes will eat up our profits and want us to keep our funds in the IRA or transfer them to a 401K instead of closing these accounts and investing them in our ...
I've gotten my first quarterly "pay your local and state taxes" statement for our Sales and Use # that we established for our Airbnb business. Occupancy taxes for Texas (6%) are already collected by Airbnb on our beh...
I have sat down and looked over my past year. And I notice that my taxes in one particular county are pretty high.the reality is that its not just the taxes it is the solid waste bill.which is really a garbage or sani...