Hello,I am doing my taxes right now and, under the "PERSONAL" category, I see "Interest and Dividends", under which there is "Interest from Seller Financed Loans". I reported the interest I earned from my notes there....

Do you write off the expenses, improvements, depreciation ,etc of your investment off your A) rental income (cash flow) or B) primary income (full-time job)

Hi! First off, please forgive me for my level of tax ignorance. That's what BP is for :-).If I am  netting $500/month, what taxes am I paying? I know this is probably basic tax knowledge, but still trying to learn mo...

Between now and putting a down payment on a first house hack (within the next 6-12 months) what type of account would you recommend to hold money?  This account would be separate from investments & retirement savi...

Is it better to buy a house before the year is over to lower my taxes? I am a home owner and am interested in purchasing my first rental but am curious if it will affect my taxes to purchase now instead of after the n...

I have a new llc and I will be accepting 140k from a friend to put into the llc bank account. I will most likely be paying him back 20k for for investment. Do I have to tell him make sure he writes let an on the memo ...

So – you’re looking for passive income. Aren’t we all? I’m sure you’ve seen it all over your Facebook feed these days . You have friends relaxing, doing no work at all – enjoying their days on the beach. What if I sai...

This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is  reporting? Reason I ask is that I've been tracking earnings based on when they are earned whereas...

Imagine with me, that your workday began with the usual routine, but halfway through your morning, you received the news you’d been laid off.
For most Americans, that means zero income starting tomorrow morning.
Now...

I just received some info that ObamaCare has a clause that will implement a 3.8% sales tax on any real estate transaction starting in 2013. Anybody know this to be true?
Don