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I'm looking for a tax wonk (CPA or tax pro), of sorts, that can satisfactorily explain a possibly esoteric tax situation to me.
I am an LP on multiple syndications and one such syndication sold in 2021. The K-1 was...
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My neighbor's basement is flooding after some pretty heavy rain over the past week. They have called a basement guy out, who would solve the problem by jackhammering up the cement floor in the basement, digging a tren...
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I received a letter from my HOA stating I need to replace my roof.
The paragraph the HOA letter identified is shown below. I know there are some HOA with other hidden language in their docs that can give them additi...
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Hey people has anyone dealt with Chicago city violations. I just got recently hit with Chicago city violations with exterior violations like window replacements and owner ID sign missing. I never dealt with Chicago ci...
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There's a property I'm interested in where the seller is VERY motivated to sell because she is in jeopardy of a tax foreclosure this coming March. Anyways, she's willing to finance a note for me, with great terms; ho...
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Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...
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A friend and neighbor is considering moving. I would list her house.She has a desirable home - .75 acre lot in an area where .1 is huge. The problem is that I think the house was built on top of an underground lake. I...
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I purchased a fix and flip that got complicated when we found one of the basement walls was bowing in. It ended up being an easy fix, getting steel braces installed for about $6000. Then things went south...I decided ...
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I'm under contract on a home in a small town where I grew up. All things have checked out on the home inspection except for the wiring. It's a 1948 home (no worries, I'm aware of the headaches that may come), but I've...
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Hello all,
I'm a new investor and I'm running into my first large problem and just wanted to poll an experienced group for some insight.
My Situation:
I live in Colorado and have family in Mississippi. By a random ch...