Kaushik Sarkar
Primary residence sale within 2 years
Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
Ryan Schuler
Memphis Real Estate Accountant
Hey Everyone,
Just wondering who you use in Memphis, TN as your accountant? Preferably would like to work with someone who is well versed in the tax code as it pertains to real estate so that I can make sure that I a...
Terry Royce
Tax time deductions?
Im scrambling to do my taxes.
What deductions should i remember to make, or what little known deductions can i make as a wholesaler/investor?
Gwen St. Pierre
Learning the Taxes Side
I'm looking for a good, general introduction to tax savings for owning home(s.) We currently have 1 SFR rental and a primary residence. We have only had our rental since August. I tried to keep good records/receipts u...
Brad Clarizio
Accountant Referral: Columbus, OH
I've come to grips with the fact that the little old lady who has done my taxes all my life is no longer suitable for my business/rentals, etc. I'm often asking her questions that completely stump her (1031 tax exchan...
Ethan Brown
Difference Between Tax Default and Delinquency
Hi All,I've looked around online, but I'm still not sure I understand the difference between tax delinquency and default. It seems like default is more serious than delinquency. Can someone please explain the differen...
Mike O.
sherrif tax sale - help wanted?
Was hoping to get any information-critical components of a sheriff tax sale. Via my city website I found a sale next week for a commercial property in a heavily trafficked area for $23,000. It indicates all sales are ...
Candace Price
When renting a house, who pays for property taxes?
I’m trying to rent a house which I recently bought, If I rent it. Am I suppose to charge property taxes separately? Or should that be included in rent? Should I charge basic rent plus -property taxes -hoa?-maintenance...
Christopher Goodin
Tracking Indivudal Tax Deed
Thank you in advance for the replies.I am trying to find the best method to track the tax deed of one property in Jacksonville, FL (Duval County). At the moment, I have to check the Duval county tax deed auction, but ...
Ray Simpson
Tax Question 401k withdrawl
I have an annual W2 of 80k, I file jointly with my wife, she has retired this year taking cash payout of her 401k & pension totaling 100k. She also has W2 income this year of 18k. My dilemma is my 401k of 90k tha...