Jonathan Berry
Questions for a CPA - Selling Personal Property and Tax Liability
I have what I think is a two-part question. So here is the scenario and hopefully it makes sense.If someone were coming into money from the proceeds of their primary residence (qualifying within the 3/5 years occupan...
Amber C.
Capital gain tax exemption on primary residence w/ rental
Hi everyone I am new to real estate investment. I have a question on tax exemption.
If I buy a property for $700k and live there as a primary residence, but I rent out the basement for $1500 per month. When I sell ...
Kenneth Bradford
What does Homestead mean?
In the Philadelphia area when you look up a property for taxes, revenue etc.., Under account information it has the word "Homestead". Some of the properties have a dollar amount under thar word, some do not. Please ex...
Mike H.
re: here's a tricky one - my property tax credit is too low.....
Ok. So this one is so odd I don't know what to do with it. Tried some basic research but I think its so rare that nothing is popping up.Here's my situation.I'm closing on a house on Monday where the property taxes are...
Terri Parrilla
Want to become broker DC.Subject to section 47-2853.181 Exemption
I would like to become a broker in Washington, D.C. and believe that I am subject to an exemption from licensure requirements under section 47-2853.181. I've made some calls to the city to get information on how to o...
Paul Dario Jr
Solar req on new detach ADU in LA if on primary home already?
Hey all. I'm planning to build a detached ADU on my primary residence lot as a way to begin my REI goals.I know that California, under Title 24, now requires any newly built, detached ADU's to include solar panels. Wh...
Bill Gulley
DODD-FRANK, UNDER THE GUN!
This is not a political thread! However, Dodd-Frank is under the gun with changes (pulling teeth) from the Act under the proposed government funding Bill.The attack seems to be where you'd expect it to be, provisions ...
April Eilers
Cap on Late Fees for Rentals in Virginia?
Hi All,
A few questions...
1. Does Virginia Residential Landlord Tenant Act Apply to Landlords that own fewer than 5 properties? I saw some older articles that said small landlords are not subject to the Act, but I...
Mark L.
Arizona Non-resident filing req?
I'm close to acquiring some wholesale properties in Arizona which unfortunately has a state income tax. Are there specifics or exemptions on non-resident filing requirements in AZ? I'll engage my CPA but I thought t...
Adam Pond
Am I a blue monkey with a tie or is this Texas law insane?
Hello Friends,
I think I'm going mad. Right as soon as I cast off my habitual analysis paralysis, I've turned around to see it's bit me right square on my sitter. You see, I've recently found that proverbial needle i...