I created an S Corp several years ago for a business venture that never took off.  I believe the Employer Identification Number that I was assigned by the IRS is still valid.  I'm new to REI and will be purchasing my ...

We fought a Revolution with England due to taxation without representation. Now, taxes will put an end to America as we have known it. By the USA creating a Central Bank - banks cannot go bankrupt. When they use up al...

Tax question - Closed on a property mid-year in 2015 (buy and hold), HUD-1 gives the credit for property taxes payable for mid-year tax estimate from seller. Example:HUD-1 Property Tax Credit: $3000Taxes during my own...

I am sure y'all have seen this already since Yahoo featured it.

http://finance.yahoo.com/news/Borrowers-exit-troubled-Obama-apf-887634101.html?x=0

Hey Wholesalers,
I am finishing up this year's taxes and TurboTax is asking if I want to estimate quarterly tax payments.  I have never done quarterly tax payments.  However, I have a full time w-2 job and then I who...

If I live in my second home for more than 14 days out of the year (second home), what does this mean for all other income I received for STR for the year? How is this income taxed? Thank you

Hi we are still planning a upleg and 1031 exchange.  Partners owned the downleg 50 -50 Only one owner wants to be on the loan and the lender says thats ok because we're putting  a lot down on the uplegI was wondering ...

hi everyone,
could someone explain to me how owner financing would advantage both the owner and the buyer into proceeding that way? 
thanks.

Background:I have approx 150k in equity in a duplex and have done a cash out refi (approx 70k) and taken depreciation for last 7 years. I want to limit my tax burden and invest in an apartment building or a strip mall...

I'm getting a HELOC on a rental property I own and I'm wondering if I'll be able to deduct the interest on my taxes.  I plan to use the funds exclusively for the purchase of rental properties and/or flips and related ...