Had a discussion with someone about this cash for clunkers program. Do you realize what this program did? It took people who owned a vehicle free and clear and put them into a financed vehicle, basically tacking on ...
My property was a primary residence for 2 years, then a rental dwelling for 23 years, and for the last 4 years has again been my primary residence. I'm considering moving overseas in the next couple of years and rent...
We have our house in Lake Tahoe, California for 6 years for which in the past we've used a portion of the year as a vacation house (random weekend visits mostly, but a couple of summers we lived at the house), and had...
Has anybody done seller financing with a property that was a 1031 exchange? I'm looking at a triplex that the owner has had since 2003 and was part of a 1031 exchange. They tried selling last year but couldn't find an...
Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
Does anyone know of or can recommend a real estate tax strategist/CPA in the South Bend Indiana area?
Looking to offer a couple of rentals I own outright in a 1031 exchange. I read about the need for properties to be seasoned before undergoing a 1031, but I'm not expecting to have any appreciation subject to capital ...
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.
The complexi...
If one overpays the state income tax, they receive a 1099-G the following year for the refund amount. This makes sense since you were able to deduct all that was deducted rather than just what was ultimately owed. If...
Greetings. I have been searching the forums and still have questions regarding my situation. 1) I own two one bedroom apartments in Minn that are in *my name with my wife* that we are in the process of selling to do a...