Need to file my taxes from 2019, I own 3 rental properties I rent. Need to approve for loans so I need the income to be high

Hello~ I am an investor from Iowa! I was recently approached by a couple who is several months behind on their home loan and was hoping I could buy their home for what they owe before it goes back to the bank. They ha...

Hello group! im new here and this is my first post! I have a question in regards to gift or equity.My parents have a house they wanna get out of a payment. They owe 68k, it does need some work, I’m willing to put in t...

I'm trying to purchase a property from my daughter creatively for what she owes on the mortgage. Which is 184k.  Zillow estimated it 215k.  I want to use her equity as a gift for the down payment to avoid capital gain...

I see a lot of confusion on owing the IRS while under extension. Here's how the system works.
1. Extension that you filed on April 15 does give you time to file your taxes until Oct 15. But it does not extend the tim...

Hi all!  I’ve got a duplex that we grew up in located in New York.  We lived in one unit and rented the other.  It was owned by my dad, but he passed away a few years ago, we rented the whole thing out.We have since m...

Hi Guys, when you sell a property that is under an LLC to an other investor, do you have to pay the capital gain?Please help!Merci.Guillaume

Good Afternoon,What is the benefit (if there is one) to using lists for people that are about to lose their home for not paying property taxes as a strategy for finding motivated sellers?

Hello all and thank you in advance for any help and info you might offer.  My wife and I are new overnight vacation rental owners of a cabin in Gatlinburg, TN.  We just closed out our first month of rental (June) and ...

Hey guys!I submitted all requested paperwork to our accountant on March 30th, 2016. When I had my appointment, I explained that we need to ensure to submit the taxes ON TIME as we may owe in back taxes, in which case ...