For several years now the self-employed have been able to deduct their medical insurance premiums on their federal income tax return assuming the business was profitable. The IRS position has been that Medicare premi...

My Medicare premiums are being withheld from my social security check.Quick question:  Are Medicare premium payments pre-tax or after-tax?And if after-tax, why is the SS Administration not including this amount in the...

Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...

Hi everyone! I have a long question here concerning my rental in Indiana. My home is currently empty. I would like to sell or rent it to my sister. She is 67 and receives Social Security benefits---her only income. Sh...

Ok, so I have the opportunity to purchase a house directly from a person I know. His Brother passed away and he is in the process of becoming the executor of his "estate". When I say "estate" I mean hoarder/dirty/hasn...

Short version of my question... 
-"Do the payments from owner financing coming in count towards income? Or can they be written off as a loss/break even"?
Long version.... 
-I met someone who "wishes they could get ...

I received this from a friend of mine who is a health insurance expert. He is actually a member of a board that consults with the state of Nevada on health insurance issues, not just your typical salesman.

:cool:
...

What is the tax rate on an assignment fee received from Title?

I am thinking about just living on my rental income and not be employed by a company. However there is the question of health insurance. Since I don't qualify for Medicare, the alternative would be to obtain Health In...

I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...