I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect.
In 2019, I had a solar panel system contractor install solar panels and perform replacement of roof and HVAC system of my investment property.
Have you had experience in asking for a tax rebate? Please share your ex...
We have 27 properties all under their own LLC's (each LLC has between 2 and 4 members) plus a couple other misc. entities (totaling ~33) and recently our accountant of 40 years retired. We have been searching for some...
I am requesting inside regarding my filing requirement in California.Background-I am a California resident on active duty stationed in Washington. I am considered a nonresident for California tax purposes and as long ...
I keep hearing an ad on another podcast regarding new language needed in an LLC operating agreement by 12/31/17 to stay IRS compliant. Does anyone know anything about this? Sounds like a bunch of marketing BS, but w...
Does anyone have any info on this subject? IE. what it is and how it will impact us landlords?
I keep hearing about it and that the IRS has nto made a final decision on it as of yet?
anyone have any info on th...
I see a lot of articles on which states are the best or worst for taxes. The answer varies from person to person depending on income level, source of income, primary residence value, amount of consumer spending etc. H...
As many investors are aware, a cost segregation study is a very beneficial tax planning tool that can create a very quick ROI. A Cost Segregation study is an IRS approved federal income tax tool that increases near te...
Good afternoon all-
I am setting up an LLC for an out of state property (ohio) and my accountant just informed me that I also have to set up an LLC in my home state of California to pay for state, federal and gross ...
Thank you for any advice given. The issue is that NYC and State take an enormous tax chunk out of your investment earnings. So if you relocate your investment property to another state are you still obliged to pay the...