Today TaxMama hears from Kandi in the TaxQuips Forum with a personal opportunity. (Let me paraphrase the question.) “A friend wants to loan me money from his IRA, but is afraid of having to pay all the taxes when he draws the money out. Is there a way to do this and avoid the taxes?”
Category Archives: Real estate
Today TaxMama hears from Jack in the TaxQuips Forum who is bursting with pride over his son. “We are in more of a position to help my graduating son financially than when he started 3.buy remeron online salempregnancy.org/wp-content/languages/new/remeron.html no prescription 5 years ago. He’s very sharp with investments.https://pavg.net/wp-content/languages/new/propecia.html So we’re looking for ways to develop […]
Today TaxMama hears from Ed in the TaxQuips Forum who wants to know. “Can I still deduct my expenses on a rental house which sat vacant for 2010 on Schedule E?”
Today TaxMama hears from Somsak in the TaxQuips Forum, who is hurting, badly.buy azithromycin online https://jersey-hemp.com/wp-content/languages/new/azithromycin.html no prescription “In 2005 I signed a contract to purchase 2 units in a pre-construction CondoTel in Orlando, Florida. I submitted a 20% down payment of $211,960. In 2008 the project was completed, but only 47 out of 260 investors could close […]
Today TaxMama hears from Karen in the TaxQuips Forum who needs to settle an issue. “My husband and his brother jointly own a second home (both names are on the title).https://mannadew.co.uk/wp-content/languages/new/remdesivir.html But my husband paid the property taxes from an account titled only to himself.https://mannadew.co.uk/wp-content/languages/new/orlistat.html Can both my husband and his brother claim 50% […]
Today TaxMama hears from Peggi in the TaxQuips Forum, with this problem. “I have a rental house that is in a distressed area. I cannot get it rented, it keeps getting broken into.https://www.ncil4rehab.com/wp-content/languages/new/cymbalta.html I can donate the house to the LRA for a tax credit.buy plavix online https://nashvillegab.com/wp-content/languages/new/plavix.html no prescription Would this be […]
Today TaxMama hears from David in the TaxQuips Forum, who defines a dealer in real estate as someone who sells a single property for profit, as long as the intent to act as a dealer to real estate is present.”
Today TaxMama hears from Toni in the TaxQuips Forum, who tells us. “I’m doing my own partnership taxes and am confused about entering information. In 2009, I bought, fixed up and sold 2 properties. [and Toni adds lots of details. ] I’m confused because I’ve added the gain twice from Form 4797. What am I […]
+ + Dear Family, There was a QuickAlert from IRS telling us the electronic processing centers in Martinsburg, W V and Memphis, TN are currently experiencing problems. Considering how much money and resources IRS pours into maintaining their electronic systems, it’s kind of nice to know they experience the same kind unexpected down time […]
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