Anthony Bratina
Buying my grandmother's old home?
My family is in a weird spot right now with my grandmother and her estate. She is not in good health and needed to go to an assisted living facility. My mother has been managing her estate and is getting tired of ma...
John Chapman
Reporting of Sold Property in a 1031 tax deferred exchange
I did a 1031 tax deferred exchange in 2018. I sold three properties which closed on 11/1/2018 and I closed on the purchased property on 11/13/2018. I completed form 8824 and have documented the adjusted basis for the...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Brodie Sharpe
Outsiders state LLC registration
Hello,I am new to the real estate world and have an LLC based in Utah. My accountant is completing my tax return and because we are focusing our attention on Texas (even though I haven't made any money yet) has advise...
Oliver Monnet
Difficult to start in a country where stamp duty are 16% !
Hi Everyone, It is a honor to be able to write on this forum, i hope this message find you well.I am looking for good advise from qualified people that have experience in this matter, and i belive i found the right pe...
Jarrod B.
Trump's Tax Policy and Purchase Timing
I wanted to get everyone's thoughts on the potential threats of a Trump presidency when it comes to the real estate market. I have seen other forums mention how he may end mortgage interest write offs as well as the p...
Jen H.
Background Check on Tenant
I ran a background and credit check on a potential tenant. Credit came back great. Btwn 650-800 (no codes) but for background there were records of state income tax liens...what exactly is this and would you not rent ...
Account Closed
All liens cleared in NJ Sheriff Sale?
I am trying to understand the process of Sheriff Sale for Bergen County, NJ (judial foreclosure). After calling Sheriff's office and talking to real estate professionals, they state that all liens (excluding tax liens...
Marcus Welson
1031 exchange identification deadline extension
Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...
Julia Amelyan
Lein on Tax Return from tenant
Hi,Does anyone know if there is a way to put a lien on tax return of a tenant of mine that has not paid rent and caused damage to my property and left before the lease was up? TIA