Is an asset depletion program a good route to go if you have little money to put down for a down payment? What are some pro's and con's?

I have paid 125% to the Tax Assessor Collector, because it has been less that one year, and the buyer at auction has not sent a response to my  request for cost. The buyer has also not given a quitclaim deed because t...

Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...

Texas Investors, I have a question. On your rental property, is the 50% rule accurate?

‘Tremendous increase’ in corporate relocations, expansions to Texas since pandemic hit
Gov.'s office: Phone calls rolling in from companies shuttering on coasts. Despite some companies pausing projects due to the pan...

Hi All,This question might have been asked before. I bought my rental property in 2021 and was saved by homestead tax (previous owner had it) so ended up cash flow positive for 2021. However now for 2022, HS is no lon...

I flipped property in 2017. We had two partners and used our personal name when buying. At time of buying, we did not have LLC setup.later on we have LLC and LLC taxes are taken care by CPA.How do we report sale of pr...

I am not sure if this is the right forum, but I am wanting to start a flower farm this spring and was wondering how to go about it?  Do I become an LLC first and then save my receipts for tax purposes or what?  And, d...

I am retired Navy living and working Okinawa, Japan where I will probably stay the rest of my life. I am a resident of Washington State. I have a drivers license but no address to call home. I was born and raised in F...

is a Roth IRA a good investment ?