Hi all...first year as a landlord and have a question regarding the taxes we are filing.
We have owned the now-rental home for 15-16 years, decided to move and rent out the old house. We have an accountant h...
My primary residence is owned in a family business LLC. I would like to transfer the property into my own name so that I can utilize the equity to acquire rental properties. I would prefer not to refinance as it would...
I'm more of a long term Flipper, holding properties for a year or more which allows me to do additions to add equity and my whole strategy has revolved around long term capital gains..I'm very concerned that she will ...
Hello, we completed our first house flip recently. We were doing it as our first foray into real estate investing for my husband's carpentry and renovations business. Did not charge HST on the sale of the house. Do...
My firm is a 56 year old contracting company that has done business all over the southwest US, although we are only operating in Arizona at the time. We are primarily commercial contractors, with a residential branch...
Hello,What would be my first step in attempting to get a business partner to respond to texts, calls, or emails as well as share costs associated with our business. He is in Houston and I am in Dallas. He's unresponsi...
I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
Hey BP,Feel free to scroll down to the Important Part.I am a realtor in the Greater Philadelphia area. My goal/aim is to work with investors for two reasons. First, I am a finance guy, recent Drexel University graduat...
Hi- I’m new to the forum and I’d greatly appreciate any advice.
I am under contract for a SFH property in metro Austin Area with a target closing date of end of May. Starting next year, I’d like to use the propert...
Does anyone know of an attorney and accountant in the Philadelphia area who can evaluate the ins and outs of a business we want to purchase? The business comes with a property! Thank you.