Hello,  Florida is NOT my home state,  I have a rental property in FL, do I need to file FL state return?  Turbox Tax prompts me to start a FLORIDA return but I am not sure if this is really necessary for out of state...

One thing that confuses me is when bidding do you get interest on the amount you over bid from the original owed amount or by over bidding are you lessening your profits?

Does anyone know a good resource for learnin...

I’m a little confused on what happens when your rental breaks even and you do tax breaks or write offs for maintenance , travel, etc. Does nothing happen or you don’t get anything since the property is not generating ...

I am wanting to learn how to properly purchase tax liens in Texas at the auctions. The reason I say "properly" is because I had gone to one several months ago and bought a property, long story short I ended up bidding...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

I have a question regarding taxes after selling a property. Lets say I sell a property and make 20,000 off it after all fees and agent commission, how is that 20,000 taxed if I want to cash out on it. And is that some...

Hi everyone and I have a question about selling a home and taxes. 
ii want to sell my investment house . I have another person on the title with me. 50/50 ownership. 
the mortgage is under my name . So I want to sel...

I had to dissolve my 2 member LLC at the end of 2018. Planning on re-acquiring one by year's end or Jan 2020. Anyway, in California, does anyone know what the % of with holding is for a wholesale fee or assignment fee...

Can you use a 1031 exchange when wholesaling properties?
I suppose you could if you bought it and sold it, but what about assigning contracts and double close?

Hello Everyone ! I am new here but am interested in learning about buying properties with Tax Liens. When I pay the tax lien does that mean that I have to pay a mortgage on the property as well?