Hello folks, without getting in the weeds, I was hoping a CPA or tax lawyer can help out. 
I make about 360k on a 1099, 30k in net real estate income, and 86k on a W2 which has taxes withdrawn.  I max out my SEP IRA,...

We just bought a US condo from a canadian person. (we are a multi member LLC).  I believe we were told during closing that we would not have to worry about withholding taxes on his behalf.now im getting an IRS request...

I have a property in Atlanta, Georgia that I am about to sell. I used to live in this house for 5 years until I moved out of state last year. Because this was my principal residence for more than 2 of the last 5 years...

I'm an individual selling my condo. We have only lived here for 14 months. I've been told by my escrow company that California is going to take 3.33% of the sale of my condo as a withholding because we have not lived ...

I'm purchasing a new rental property and the Seller has agreed to do an installment sale (seller financing). The escrow company just gave me a copy of Form 593 which appears to say that, as the BUYER, I must withhold ...

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...

Hi Everyone!! I recently rehabbed a property and for the most part things went smoothly! I’m currently in escrow and was asked to fill out a real estate tax withholding 593 Form. I’m not familiar with this and how it...

This year, I purchased my first three rental properties, have a question about the taxes on that income.With this new source of income, do I need to be contributing to the taxes due throughout the year similar to how...

Hi BP!First- I am not the landlord or tenant in this scenario. My mother called and asked my advice since I am a Landlord in WI.The tenants Fridge died and he lost all his freezer/fridge food. The Landlord is saying i...

I was recently told that  for a solo 401K distribution ,  it was required that you sent 20% withholding  to the IRS by the 15th of the following month .  I am over 59 and a half .This seems odd to me since in a regula...