I have a signed contract which is set to close on Friday the 14th, however, my lender fell through. Is there anywhere I can find a hard money lender or private lender that would be able to close by then?

Hey all, does anyone have any advice for best way to stay on task and on schedule for rehab project only have 90 day to complete project want to make sure I am being efficient and organized. Thanks for your help.

Hello! I'm working with an accountant and I'm a little annoyed because I'd like to understand how the carry-forward suspended losses is calculated and I'm not getting a clear answer. I thought it would be as simple as...

In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...

I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...

Hello All,The right to redeem a property I purchased ended 9.3.15. I have served all interested parties and advertised the barment. My tax deed covered 2009-2013. I just recently paid 2014&15 back taxes.My plan is...

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...

I have a quick question about capitalizing the rehab costs for a new rental.
-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issue...

Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...

I put in a new furnace this year, I known I list it in part III of my 4562, but then do I combine it with the property on my schedule E or does it get its own column?