Taxes General Forum

Rental Concern

We purchased a Florida house in 2/16. We intend to first move in, in 9/16. We then intend to make that FL house our Sta...

20 comments posted 10yrs

posted by dave

20 comments posted 10yrs posted by dave

TaxSlayer

Anyone know of TaxSlayer groups to post? tks all BW

0 comments posted 10yrs

posted by bh2os62

0 comments posted 10yrs posted by bh2os62

Foreign Sourced Income And Foreign Tax Credit

This is probably going to go down as a stupid question, but please keep in mind that I'm not a tax professional... Supp...

6 comments posted 10yrs

posted by nospam

6 comments posted 10yrs posted by nospam

FBAR and 8938

An American citizen, foreign resident, holds stock of an American company through a foreign brokerage house in his coun...

3 comments posted 10yrs

posted by larry.israel100

3 comments posted 10yrs posted by larry.israel100

Primary residence, turned into rental, now sold

This is a 2015 tax question, just now working on it (filed extension). I bought my first home in 1994, paid 80k and spe...

4 comments posted 10yrs

posted by barbers550

4 comments posted 10yrs posted by barbers550

Offshore Real Estate Gift

Somebody who has been living in the USA for the past four years (has a Green Card) is going to get a house located in S...

1 comments posted 10yrs

posted by nospam

1 comments posted 10yrs posted by nospam

Negative Interest Rate...

Please note that I am not a tax professional. I have an offshore bank account on which the depository bank will soon st...

3 comments posted 10yrs

posted by nospam

3 comments posted 10yrs posted by nospam

Capital Gains Query

I am doing a Reverse 1031 exchange. There is a possibility that the Net Proceeds of sale may be more than the purchase...

0 comments posted 10yrs

posted by ritagoldman101

0 comments posted 10yrs posted by ritagoldman101

Must you provided a SIGNED COPY of the Federal tax return with the state return?

Must you provided a SIGNED COPY of the Federal tax return with the state return? Or can the Federal copy simply be a pr...

7 comments posted 10yrs

posted by henning.schroder

7 comments posted 10yrs posted by henning.schroder

Maximum Pension Plan Contributions (Cash Balance Plan & SEP-IRA)

We are dealing with a QPSC (qualified professional service corporation) aka in the code as a PSC (personal service corp...

4 comments posted 10yrs

posted by tempuser

4 comments posted 10yrs posted by tempuser

Holding Mtg

I want to buy a $98000 home for cash. Then sell it to my son and daughter in law with 0% mtg interest over 30 yrs. Tthe...

8 comments posted 10yrs

posted by bh2os62

8 comments posted 10yrs posted by bh2os62

Airbnb rental income taxation

Back in the pre Airbnb era around 10 years ago, I moved in with a roommate who had already secured a lease with the pro...

24 comments posted 10yrs

posted by xyzer

24 comments posted 10yrs posted by xyzer

Capital Gains tax questions

Questions on Capital gains tax 1. I bought a rental home many years ago. I am planning a 1031 exchange. To avoid Capita...

2 comments posted 10yrs

posted by avacohen100

2 comments posted 10yrs posted by avacohen100

What can I pay of my son's?

My son will be 23 in December. He will have some earned income, but not much. He graduated college in May and will be a...

3 comments posted 10yrs

posted by wade

3 comments posted 10yrs posted by wade

Gifting stock that has a loss on original basis?

Lets say I gift 1,000 share of a stock currently selling at $14. That requires no paperwork or tax; right? Lets further...

6 comments posted 10yrs

posted by wade

6 comments posted 10yrs posted by wade