I wanted to know if I'm the only one that asks this of my tax guy.Since our LLC is a "pass through" type of entity, any refund during tax season is put on our personal returns. Each year, I ask him how much of that re...
I recently purchased a 2 unit Househack. I intend on living in one half and add some improvements (a driveway, porch, etc.). Come tax time would I be able to claim those purchases because it was done on an investment...
I have a rental and got a state WI. refund. Is it taxed as part of my gross income next year at 100%? Does it count as income for next year??
can I tax deduce the flight ticket which I exchange by miles rather than paid directly ?if yes, how can I determine the cost of the flight ? thanks
Not sure which category to post so hopefully this will be fine. This past year finally completed a land flip that I partnered with my family. I provided sweat equity and they provided funds. The property was sold in F...
Hello investors, I am new here.
How much tax deduction can someone get back from IRS after doing some renovation or not? Do you think a real estate CPA can get back more tax deductions than a normal CPA?
I appreci...
is there a calculator to estimate what your tax refund would be if your income is a certain amount per year and you buy a property for a given amount? You’d think there be a calculator so at least we could have some i...
I notice on a lot of discussion threads owners/landlord offer the current occupant/tenant Cash for Keys when trying to sway an occupant to leave rather than eviction.
I am wondering if this is more popular in...
I have 7 doors, and I wanted to get some ideas on a better way to screen for tenants. Currently I’m using Zillow’s background check, and I’m screening all my tenants before they sign a lease. I’m having issues with ...