Josh Starner
Opportunity Zone Help
I own two rental properties under and LLC which I purchased in the last year. The LLC consists of two equal partners, and both of these properties were purchased in opportunity zones. I am looking to take advantage ...
Ken Badziak
recharacterizing ira tax implications
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
Robb Werner
Looking to Learn More About Taxes With Real Estate Investing
Hello All,
Ive read a lot about the 1031 exchange and the live for 2 years and own for 5 years rule. Ive also heard of people using some rehab costs as tax writeoffs? But other than those few laws I've learned from o...
Kelly Conrad
(Ramsey County, MN) Affidavit of Identification question
Hello! I am in the process of starting to collect on a judgement that I won, but I ran into a bit of a question. I sent forms several forms to my tenant (Execution Exemption Notice & Notice of Intent to Levy on Ea...
Nathan Ashram
Real Estate Super Newbie
Hello EveryoneFirst of all, very excited to be here. This is amazing place with tons of info, (also a bit overwhelming), so just wanted to say thank you all. Week and a half ago I decided to become an RE agent, so I s...
Bryan C.
Google Voice or alternative?
what r u using for ur business...Google Voice or something else?How much is it and how we'll does it work?
Monica Horn
security deposit return- complicated (NJ)
Had tenants who were an unmarried couple. Together on lease. One moved out 5 mo ago. One remained and has kept up with rent.Lease is up Nov 1. Offered the remaining tenant a new, 4 mo lease as his income and credit ...
Travis Tannahill
IRS tax lien loan for Refi
I'm a mortgage broker and have a client who is in a little bit of a rough situation.
Client lost a business in 2012. He owes about $80,000 in IRS back taxes. That number has grown to $160,000 over the years from pen...
Caroline Liu
Tax Question - How do I report listed ppy depreciation on 8825?
Hi, I am trying to fill out forms 4562, 8825, and 1065 for a partnership. Form 4562 is all done and contains depreciation from our rental properties and one listed property. The deprecation from this form is supposed ...
Daniel Jewell
My first live in real estate deal
Investment Info:
Single-family residence other investment in Rochelle.
Purchase price: $119,000
Cash invested: $35,000
I'm also living here and I'm renting out the other rooms so I'm not expecting th...