I just put my my primary residence into my llc, is there something wrong with that? should I leave it there? I also have my rental there too.

Anyone have experience with AirBNB's in Arlington Virginia?   Does Arlington allow short term AirBNB rentals?  And are there additional taxes that Arlington County levies on AirBNB operators?  TIA!  

Please direct message me if you are currently taking on new clients for CPA/tax prep services.  Thank you,Kevin Dupuis

We lived in a really nice house for about 7 months and our landlord sold it. We were aware that this could happen, but the problem is that we had a tear in the carpet that we knew would need to be replaced. We were mo...

Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...

My husband and I are deciding whether to sell our primary residence that have been rented out for 2 years or keep it as a rental unit. If we sell the unit now, it is still considered a primary residence (lived there f...

I have been told(by a loan  broker) that our building won't pass a seismic, even though it has the Los Angeles required retrofit improvements, because it is a five story brick building, and generally they don't pass a...

http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1oW8Y58z6gu1AQbWMI

We are now 3-4 months into the COVID-19 crisis.  Thankfully, all our tenants continue to pay rent.  A few have been late.  One in particular, has been provided an extended grace period at least 3 times during the past...

Looking for some help.  I’m looking at buying a secondary lien (HELOC) via foreclosure auction.Would I then have the right to pay off the first lien and own the property outright? That would be my goal.The owners have...