Lan Nguyen
primary residence tax returns
Hi BP,I am thinking of purchasing my first multi-property for rentals. Is it possible to claim the property and my primary residence without living inside the property, maybe just asking tenant if I can use the addres...
Chris Battle
Non Resident Tax Returns - Recommendations
Hello allMy wife and I jointly own 2 properties, 1 in Florida and 1 in South Carolina and are looking for a recommendations for an accountant to file federal and state tax returns for each of us. would appreciate any ...
Cameron Lee Brown
Non-resident state return RE syndication
For 2020 return, we filed an AZ nonresident return to report PAL to be carried forward. For 2021, there was no income/loss to be reported for AZ. If I want to be able to use the 2020 PAL carryforward in a future year ...
Gheorghe Ailenei
Non Resident Airbnb Owner Tax Return
Hi we are a couple from Alberta, Canada owning an Airbnb unit in Florida, wondering if there is anyone interested to do our returns or tell us what forms we have to fill in for the tax return, willing to deduct as muc...
Sean H.
Primary residence stay "2yrs<1yrs" changes return?
I was doing turbo tax, and im surprised that it is changing my return based on the number of months i claim i used the residence as my primary residence. I realize over two years is tax free, but im not trying to do t...
Jamal L.
Recovery Residents Net Handsome Returns in Baltimore
Does anyone have any experience with Recovery Residents in Baltimore? There is a great opportunity especially in the Baltimore area with lucrative Income possibilities by making you home a Certified Recovery Residence...
Ken Dayal
Equity Line - NJ Primary Residence - Low income on Tax Returns
I have a client looking for a home equity line on their New Jersey primary residence.House is paid off, market value 500kThey used to have a business but retired 2 years ago and last few years returns have not shown m...
Chris Robinson
How to determine CoC return on rental of my primary residence.
I am brand new to the world of real estate investing and and am not sure how to calcuate the CoC return if i decide to rent out my primary residence. If I were simply purchasing an investment property I would calcula...
Margaret Feit
Is a Non-Resident State Tax Return Required for a Net Loss?
My husband and I have an LLC (taxed as partnership) located and registered in GA (where we live), which had an overall net loss for 2018. We also have a subsidiary SMLLC (owned by the partnership) that is registered i...
Jingyuan Yang
Can my out of State rental loss be included in my residency state tax return?
I have a rental property in Oregon and I am a part-year resident in CA. The rental property generates a loss after depreciation, mortgage interest expense, etc. My question is can this loss be allocated to my CA sourc...