David Krulac
The IRS has a BILLION dollars to give away, here's how to get it......
The IRS has a BILLION dollars in money to give as refunds for year 2011. The IRS knows that this money is owed to the Taxpayers based on W-2s and 1099s that it has already received, and these Taxpayers overpaid and a...
Matthew Cohen
Tax Question for Non-Profits
This isn't a real-estate related question but hoping someone could help. My wife and I started a non-profit charitable organization in 2017 in honor of our daughter who passed away from a congenital heart disease. I w...
Priyanka K.
Tax Treatment - Expenses between two Rentals
Hello dear friends!I am a buy and hold investor. I know any expense before I buy my first rental can be treated as start up cost but I would like to get some input on tax treatment of expenses incurred between two re...
Michelle R.
On a failed 1031 exchange, capital gains are paid in which year?
We have a property sold end of December 2017. If we were to not procure a replacement property by the 180 day mark in June 2018, there would be capital gains owing. Would we pay the capital gains for tax year 2017 or ...
Will Stewart
Tax Filing for Completed Exchange
Hi all 1031 exchange experts or CPAs.... I sold my property in November of 2020 and closed on my replacement property in March of 2021. What (if any) are my S-Corp filing requirements for the 2020 tax year- do I need ...
Alex Coelho
Secure Act & Solo 401k Deadline
Just want to confirm that the Secure Act extended the deadline to open a Solo 401k account to the tax filing date so April 2021? I've seen some providers stating on their website that the deadline to open an account i...
Michael Plaks
Short guide to April 15th for procrastinators
Judging by the many recent posts on this forum, my title should attract a wide audience :)
Is April 15th the last day to file my taxes?
No. You can file what is known as an extension and get yourself an automatic (i...
Bob Stein
Issuing 1099s to contractors
Hi. Do I need to issue 1099s to contractors that did standard renovations over $600? Thanks
Nathan Carsten
Denton County, TX- Need Comps for Property Tax Protest?
Hey homeowners and investors of Denton County! Were you surprised by your recent valuation on you Appraisal letter? The market value on my property went up 21%! If you haven't checked yours, you definitely should. ...
Sandy Blanton
2012 IRA
Steven Hamilton II This isn't true is it? I know it was until last year? I just got this in a junk email from Equity Trust. Thanks Sir.
>>>>>>If You Didn’t Max Out 2012 Contribution Limits, It’s...