I am a Realtor and I have a client who I help with on rental properties quite often. He is considering selling a property he owns to the tenant that currently lives there. Since I have a good business relationship wit...

Hi all! I've decided to go for my agent license, and have been plugging away at my study guide, the guide tests, and a few other resources online. I went through the ethics section the other day, and that got me to th...

Hello everybody,

I am trying to figure out the tax implications, if any, for a client who is doing a 1031 exchange. I don't believe she should have any tax implications but would like a 2nd opinion.

Ori...

My tenant paid a portion of their rent for December on 12/31/24 (late). I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025?

I am looking to launch a website for my leasing business the City of Chicago.
The best part maybe of having a real estate broker helping you find an apartment and acting as your assistant is that the service is free....

Hello,I have a client who is in the process of purchasing an investment property all cash.  Problem is the closing date is here and now my buyer has an issue with their bank account.  My client also has a closing sche...

Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...

Which one of these funding sources are better?

Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...

Worth + $ 1M USD, with at least a 70% equity position, receive 3.6%
weekly bank endorsed investment incentives of 100% appraised
value!!!!!!!
Client Compliance Determined Within Approximately 10 Days
Upon Acceptan...