Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
I have a few accountant related questions. I'm moving from
I'm moving from CA to MD and have tax implications related to the move… read more
bkb1956
bkb1956
Finance Enthusiast
25,004 satisfied customers
1031 exchange. Not yet. This is regarding 1031 exchange for
this is regarding 1031 exchange for real estate property… read more
RodneyT629
RodneyT629
CFO
MBA - Business
1,083 satisfied customers
Dan, I'm back for more questions.: ) For the 1031 exchange,
Hi Dan, I'm back for more questions. : ) For the 1031 exchange, I read that it requires the seller of the relinquished property to be the buyer of the exchange properties. I have 2 properties that I w… read more
DK_CPA
DK_CPA
CPA
Master of Science in Accounting & Taxationb
2,514 satisfied customers
We bought a condo in Hawaii that we are almost finished
We bought a condo in Hawaii that we are almost finished completely rehabbing. We had intended to run it as a vacation rental business, but we're not sure we want to do that now because we don't care f… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,041 satisfied customers
Does the sale of your home (gain) qualify towards an
Does the sale of your home (gain) qualify towards an accredited investor? … read more
bkb1956
bkb1956
Finance Enthusiast
25,004 satisfied customers
We have a real estate closing scheduled for tomorrow morning
Hi. We have a real estate closing scheduled for tomorrow morning selling our two-family investment property. My sister, my Mom (who we just moved into an assisted living facility for alzheimer's) my F… read more
Robin D.
Robin D.
Vocational, Technical or Trade School
24,050 satisfied customers
I am married and we reside in CA, a community property
I am married and we reside in CA, a community property state. I owned several investment properties prior to marriage and did 1031 exchanges into new investment properties, and as part of the exchange… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,041 satisfied customers
Moving to a different state, and am forced to open a new
Moving to a different state, and am forced to open a new local entity there. Looking at doing a 1031 exchange of business clientele (goodwill). … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,041 satisfied customers
I received an answer to a question about 1031 exchanges I
I received an answer to a question about 1031 exchanges I had this morning and I responded with an additional question but never received an answer. The response to my question is below. My second que… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
10,136 satisfied customers
Form 8824 Like Kind Exchange Question What is the official
Form 8824 Like Kind Exchange QuestionWhat is the official source that a like kind exchange over 2 years is completely reported in the first year? Is this a court case?Taxpayer began a property lke in … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,454 satisfied customers
Turbo Tax 2017 is figuring tax on the depreciation recapture
Turbo Tax 2017 is figuring tax on the depreciation recapture of property where there was a 1031 exchange. I thought that the depreciation in a 1031 exchangewas carried forward, so to speak, by deducti… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,041 satisfied customers
If I sell a rental property held for about 10 years and do a
Hi there; If I sell a rental property held for about 10 years and do a 1031 exchange with it for another more expensive property and then rent out for about five months and then move into it myself, a… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,197 satisfied customers
Question, JD, CFP, MBA A person is selling a rental property
question for Lane, JD, CFP, MBA A person is selling a rental property and wishes to due a partial 1031 exchange. Their basis equals 25% of the selling price, their carryover losses is another 25%, the… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,454 satisfied customers
what IRS Code section applies to the trades of real property?
what IRS Code section applies to the trades of real property? What should I look out for specifically in trading a 100% rental house for a self-service coin coin operated car wash? Thanks, XXXXX XXXXX… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,454 satisfied customers
Megan, hope that you are fine. I have another question that
Megan, hope that you are fine. I have another question that require your assistance. I have a client which is a LLC held by husband and wife 50/50. This LLC holds various properties in California and … read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,225 satisfied customers
U.S. 1031 Exchange Reinvestment. A 1st 1031 investment property
U.S. 1031 Exchange Reinvestment. A 1st 1031 investment property doubled in price and is being sold at a gain of $50k. I want to reinvest this amount in another property that I own without triggering a… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,454 satisfied customers
1031 Partial Exchange S Corp 918,000 FMV of reliquished
1031 Partial Exchange S Corp 918,000 FMV of reliquished property Received two checks at closing: $700k and another for $218k Put the 700k directly to an 1031 QI 218k cash out Capital Gain is approxima… read more
financeguru2
financeguru2
Master's Degree
38 satisfied customers
We purchased a warehouse condominium 2 1/2 years ago ...
We purchased a warehouse condominium 2 1/2 years ago for $460,000 and then invested roughly $80,000 in improvements. Last year we had to pull $225,000 for our business. We are now selling the units an… read more
The Land Advisor
The Land Advisor
Master's Degree
906 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

2,305 satisfied customers

More than 5000 online tutoring sessions.

Megan C

Megan C

Certified Public Accountant (CPA)

2,225 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

sgriffin26

sgriffin26

Loan Officer

93 satisfied customers

Licensed RE Agent, Loan Officer, and NMLO. I have been in residential lending for over 10 years.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x