Eric A.
WSJ article: 'Real Estate Industry Braces for Tax Upheaval'
Has anybody else seen this article?http://www.wsj.com/articles/real-estate-industry-b...The general point is that while Trump's tax plan is silent on the subject, the GOP tax plan that has been gaining steam proposes ...
Paul Passafiume
Kentucky Tax...they are accusing me of not paying
Here's the skinny...I paid my 2017 Kentucky state income taxes on time and each quarter and correct. (most my income is self employed)KY has an online payment portal. Apparently there was a glitch or else I selected t...
George P.
offset rental income with rental loss ?
trying to find the answer but cannot find anything useful.... * I have a rental property that produces 7k rental income/yr.* I want buy a (vacation) rental property that will produce 9k of rental loss/yr.* our MAGI ex...
Brandon Elliott-Pandey
Great way to pay little to no taxes!?!?
For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...
Brent Byers
Canada 1031 exchange - Eh?
hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method? Please say YES!!
Nathan Williams
Should I be worried about the UBIT / UBTI tax and an SDIRA?
Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...
Daniel Patrick
Vacation rental purchase
Hey guys,
I am looking at purchasing a vacation rental in Hawaii (very early). I am out of state and plan on using a management company.
I am only interested in going forward if I am cash positive.
When I start...
David Smith
Starting a 1031 --- one question:
My wife and I own a property. We plan to do 1031. My plan: we form an LLC. We sell the property to the LLC. Then LLC do the whole 1031 -- sell and buy another property, so that we can use llc to protect the re...
Sean Whiteman
Alabama Redemption when buying a Tax Deed via quick claim
Question:I purchased via quick claim deed a property in Alabama that was purchased at a tax sale in 2012. Tax Deed was issued in May of 2016. Unknown what if any steps prior owner took regarding ejectment lawsuits. Ba...
Mike Dymski
interest and penalties - safe harbor
I received an IRS tax notice with interest and penalties that related to the balance due with the filing of the extended return in October. Tax withholdings were well over 110% of the prior year tax liability; so, I ...