Richard Howell
Roth Solo 401k : 1099-INT
If I invest funds from my Roth Solo 401k into a bank savings account that allows me to open the account in the trust's name with the trust EIN, and the bank issues me a 1099-INT at year end, will this 1099 create an i...
Jack B.
Weird tax questions selling my house
The form escrow provided me asked if the sale of the house is greater than 250K if I'm single or 500K if I'm married. It doesn't ask about capital gains. Heck, I bought the house for more than twice the 250K amount th...
Tyler D.
Illinois Veteran property tax exemptions for multifamily?
I am a disabled veteran eligible for the full property tax exemption in Illinois, which allows me to pay no property tax on a property of up to $750k.
I'd like to use this to house hack a fourplex, but I'm unsure if...
Ryan Tell
Eligibility for Capital Gains Tax Exemption
I'm under contract for a new home purchase which will ultimately be my primary residence after selling my current home. I'm trying to figure out the best way to finance and avoid capital gains tax. I would like to use...
Mike H.
re: here's a tricky one - my property tax credit is too low.....
Ok. So this one is so odd I don't know what to do with it. Tried some basic research but I think its so rare that nothing is popping up.Here's my situation.I'm closing on a house on Monday where the property taxes are...
Bharat Panuganti
Question about cap gains exemption
If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption? Or is it a binary designation?
John Shortridge
Property Disclosure
Everyone, I'm not sure if there is already a thread on this so please direct me if there is.
When you flip a property do you provide a property disclosure or a property disclosure exemption form with your listing? I...
Erik K.
Roommates and California's 2019 Tenant Protection Act
Hello all. Currently, I only have rental income from renting individual rooms to roommates.Does the statewide rent control apply to the two room renters in my manufactured home?
Terri Parrilla
Want to become broker DC.Subject to section 47-2853.181 Exemption
I would like to become a broker in Washington, D.C. and believe that I am subject to an exemption from licensure requirements under section 47-2853.181. I've made some calls to the city to get information on how to o...
Eric Peterson
Capital gains for a property rented just over 3 years
Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...