Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Have an individual that is working through an employment
Have an individual that is working through an employment agency. We are paying the agency directly...not thrilled about that since I believe the person should be treated as an employee and not an inde… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
726 satisfied customers
I need to find a tax law people to help me to set up tax
I need to find a tax law people to help me to set up tax strategy for my real estate business, is there any one can help? … read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
204 satisfied customers
Only please. Im a real estate investor. Are there any big
Barbara only please. Im a real estate investor. Are there any big changes that affect me? I am a loadlord with rental homes and I flip some homes too. Thanks… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,013 satisfied customers
I have a client who is purchases houses with different
I have a client who is purchases houses with different partners, fix them up and turn around and sell within a year or so. Lately I have told them to have one LLC for each project (because each projec… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
Real Estate Professional Tax Calculation - I have a tax
Real Estate Professional Tax Calculation -Hello,I have a tax client (new to me) - *married - wife is retired *husband is realtor *they have one piece of rental property directly on personal return *2 … read more
TaxWhisperer
TaxWhisperer
Principal
Master's Degree
24 satisfied customers
My wife has been selling Real Estate number of years.
My wife has been selling Real Estate for a number of years. I (her husband) have been employed in a different field. In past years we have filed a joint return. Her real estate income/expense activity… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
If I own equity in multiple Delaware LLCs is it a good idea
If I own equity in multiple Delaware LLCs is it a good idea to form a Delaware Holding LLC for example, My Name Holdings, LLC that is the member of Company A, LLC and Company B, LLC?… read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
4,918 satisfied customers
Im trying to find out what would be the best business entity
I'm trying to find out what would be the best business entity for a first time real estate investor business from a tax point of view.… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
How do you avoid being considered a Real State Dealer by the
How do you avoid being considered a Real State Dealer by the I.R.S.? Do you need a certain type of entity to do quick flips of residential properties?… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am in Turbo tax in the rental & income property section.
I am in Turbo tax in the rental & income property section. Question in addition to the normal rental income, expense and depreciation calculations for a one family house rented for the last 15 years, … read more
BK-CPA
BK-CPA
Bachelor's Degree
687 satisfied customers
Hi, thank you for the service. I am based in Singapore. I do
Hi, thank you for the service. I am based in Singapore. I do have a few investors who are willing to invest in real estate in Los Angeles for a fixed return on capital of around 7% PA as income. From … read more
USTaxAdvising
USTaxAdvising
Partner
Bachelor's Degree
609 satisfied customers
I am a real estate investor in California and I also hold a
I am a real estate investor in California and I also hold a real estate license. My main business currently is to buy, rehab, and flip properties. I am trying to put together the proper structure to c… read more
Charles Greiner
Charles Greiner
Owner
Bachelor's Degree
2,436 satisfied customers
I am a real estate investor and use private money lenders to
I am a real estate investor and use private money lenders to acquire real estate assets in Nevada for a longer term hold say 2-5 years. I would like to use what is commonly called in the industry "a s… read more
BK-CPA
BK-CPA
Bachelor's Degree
687 satisfied customers
My brother and I set up an LLC to buy bulk REOs and resell
My brother and I set up an LLC to buy bulk REOs and resell them with 15yr land contracts to the new homeowner. We want to keep some of the contracts for cash flow and purchasing more REOs and we want … read more
BK-CPA
BK-CPA
Bachelor's Degree
687 satisfied customers
I am renting at present due to bankrupcy I would like to purchase
I am renting at present due to bankrupcy I would like to purchase the property when all is discharged Is there a way that I can pay the mortgage and taxes for my landlord and get the tax deduction? He… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,165 satisfied customers
1) Taxpayer has undeveloped property in a residential area ...
1) Taxpayer has undeveloped property in a residential area that they use for recreational purposes (camping). Can the interest and taxes associated with this activity be treated as a a vacation proper… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I am planning to sell beach property in order to build a ...
I am planning to sell beach property in order to build a home. How can I get the best buy for my property? I have been approached by a sales person to sell it for me. He charges 7.5% of the total valu… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
60 satisfied customers
Is there a way to minimize our property tax increase if we ...
Is there a way to minimize our property tax increase if we are doing a extensive remodeling to our home and do not plan on selling in the near future? Optional Information: Monrovia, California Alread… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

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

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< 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