Hello,I recently inherited a piece of rental property that's located back home in California but I live in the UK.  I am looking to sell the property though so I can invest it in property here in the UK.Can I do a 103...

Is away to offset the income tax on a 401k withdrawal that will be used to purchase investment real estate. I know I can move the money into a self directed IRA and going that route, but I’m curious if you can take a...

Aloha BP!Can a federal employee transfer their TSP funds into a self-directed IRA? Or would there have to be a transfer from the TSP account to a traditional IRA then into a SDIRA? I'm trying to explore my financial o...

Hi All, 
Do you have to submit 1099-NEC to the state of Connecticut if you already submitted to the iRS? I do not own a company I am a personal investor but had contractors do some work on the property. - Thank You. 

CPAs and the BP community with input/knowledge/experience with large monetary gifts:New Estate and Gift Tax for 2016Sometime in 2016, my wife and I would like to give my parents a large sum of $40-60k as a gift. I und...

I'm trying to understand the rules for stepped up basis on a house owned as joint tenants with right of survivorship.Specifically, this is for joint tenants that are not married.  Let's say that my mom added me as a j...

I'm thinking about selling a property I currently own to my adult stepchild (would trust with my life). I am planning to quitdeed claim the property to the stepchild (gift the stepchild closing costs needed to buy it...

I'm buying a campground and for liability protection reasons I'm looking at holding the real estate in a single member LLC and Renting the real estate to another SMLLC that I also own that will run the campground oper...

Currently our LLC is on the deed for a rehab we are finishing up.  We would like to purchase the home for personal use but need to cash out the market value to pay back investment into property.  Does anyone know if w...

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