Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I have a question on cash out refinance. My specific
Second opinion] I have a question on cash out refinance … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,286 satisfied customers
I require a US Property Tax Specialist to answer UK
I require a US Property Tax Specialist to answerUK Domicile, 0-1 Visa holder, Resident Alien.I have obtained my Mortgage Loan for a UK property from a UK Bank. I have read all of the advice available … read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,685 satisfied customers
I currently do not have a mortgage on the home that I live
I currently do not have a mortgage on the home that I live in. I would like to get a mortgage on my primary residence and use the funds to purchase a rental property. Can I use the mortgage interest e… read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
3,567 satisfied customers
In April 2018 I had a stroke and was forced to quit work.
In April 2018 I had a stroke and was forced to quit work. Because of the stroke I moved up to my sisters house but I let my step son move in to my house with the Understand that he would eventually bu… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
My brother currently lives in a pays the mortgage payment to
my brother currently lives in a pays the mortgage payment to my dad who carries the loan on the home my brother lives in. if my dad claims the property as a rental for the 2018 tax year (no profit or … read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,685 satisfied customers
It's really complicated. I own a property that is worth
It's really complicated. I own a property that is worth about $2 million. I am in preoreclosure, preparing to sell the house. I owe about 1,400,000. If I sell the house and pay off the mortgage and de… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
A newly form partnership purchase real estate residential
Hi Steve,A newly form partnership purchase real estate residential rental in 2017. The partners (husband and wife) are foreigners (Canadian). They took out a mortgage from their Canadian home and purc… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
I have a tax question. We bought a house in our name parents
I have a tax question. We bought a house in our name for my parents to live in. They pay all direct expenses, the exact amount of the mortgage, taxes, insurance, etc. Since the property is in my name … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,286 satisfied customers
My husband and I sold a piece of commercial property and
My husband and I sold a piece of commercial property and will have capital gains on the property. We have not deposited the check from the title company yet. If we don't deposit it, will it still coun… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
My question concerns the tracing of interest expense
My question concerns the tracing of interest expense for the financing of a multifamily property investment that I am preparing to make. I am looking to ensure that all of the interest expense associa… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
I'm using my home equity loans following: 1) paying my
I'm using my home equity loans for the following: 1) paying my mortgage (including principle & interest), 2) pay property tax and home insurance, 3) pay off the principle of mortgage of the house the … read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,240 satisfied customers
my place of residence has a mortgage of $100,000 I plan to
my place of residence has a mortgage of $100,000 I plan to re-mortgage my house to $400,000 this extra $300,000 I plan to use towards a bigger house to live in once I have moved out of my current hous… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
My wife and I file our return jointly. I gave her a private
My wife and I file our return jointly. I gave her a private mortgage to help her buy her mom's house out of foreclosure. How do I show on my taxes the mortgage interest expense along with the other ex… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
I own a house that I want to rent full time. Can I deduct
I own a house that I want to rent full time. Can I deduct as an expense, a mortgage payment secured by the home, even if the money was not used to purchase the home or make improvements? If I can dedu… read more
Phillip B, EA
Phillip B, EA
Tax Advisor
Bachelor's Degree
570 satisfied customers
My husband and I would like to purchase a property for our
My husband and I would like to purchase a property for our son and his family to live in. The property will be held intrust and we will collect a rent but less than FMV. We already have a vacation hom… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
We purchased an investment home in 2006. My children lived
We purchased an investment home in 2006. My children lived in it a few months, then a friend moved in but didn't pay rent. In 2008 I sold her the house inofficially, for monthly payments of $500 plus … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I own a business which I am wondering if I can purchase a home
I own a business which I am wondering if I can purchase a home through. We currently own 2 homes one with a balance of $45,000 which is worth $500,000 (interest rate 7.0+%). The 2nd is a rented manufa… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,921 satisfied customers
In July 2007 we took out a home mortgage on our home ...
In July 2007 we took out a home mortgage on our home in California to purchase a house in Oklahoma with intentions of selling the house in CA and moving to OK. Because of the market conditions in CA, … read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 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

4,937 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 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