Evan Scott
Capital Gains Taxes
I bought a 3 flat in December of 2012. I have lived in it since that date. I am looking to sell my place at a profit of ~$150,000. I technically will have had it as my primary residence in 2013 & 2014, but it h...
Tinia James
Made no profit this year should I still file taxes?
I started dabbling in wholesaling a few months ago,I do not have an LLC. I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “.
Andres Piedra
Time to Evict: North Carolina
Getting ready to start eviction proceedings on a tenant. Looks like it will cost me about $160 just to get this started. Not that I'm incredibly hopeful to get the back-due rent from the tenant in the first place...
Long H.
Trash and Dash
This is in regards to tenants who deliberately trash, wreck, damage, etc your property before they leave (whether it’s because of eviction, unable to pay rent, etc…). I have personally seen this happen to a friends an...
Duke Giordano
Passive Syndication K1 Question on File and Amend vs Extension
Hey all, I had a quick question for you as I am a passive syndication investor in multiple syndications in the range of 10+ K1's annually and there are a few K1's that are coming in late but expected sometime in late ...
Jason W.
filing taxes in a community property state? advice appreciated
Hi All! I am trying to complete our taxes as married filing separately for the first time. This question might be more of a general tax information but it will cover our property and etc. So, I am using turbotax in p...
Bryan Noth
Tesla Gigafactory files to significantly expand in Austin
Tesla has filed a series of plans with the Texas Department of Licensing and Regulation(TDLR) to construct proposed additions at the campus. The six filings, registered between Dec. 20, 2022, and Jan. 10, 2023, total ...
Joe Splitrock
Tax Deadline Extended to July 15
IRS just announced the tax filing deadline will be moved to July 15, 2020. This is in addition to the previously announced move of payment deadlines.
Ryan Martin
Qualified CPA Advice!
Hello All,
My name is Ryan and I've been running a STR on airbnb for about a year now. In Scottsdale and Arizona, you must file for a TPT license and file your state taxes monthly through the AZ Department of Revenue...
Derek Morrison
Contractors and 1099s
First time landlord/self-property manager here, what are my responsibilities when it comes to hiring contractors and giving/ asking for 1099s? Do i give them or does the contractor give it to me? Is it only for work o...