Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
A GST owns 2.5% of a partnership which owns 3 apartment
A GST owns 2.5% of a partnership which owns 3 apartment buildings. The buildings are sold in August of 2019 & there is a large capital gain of 900,000 to be reported to the GST by the partnership on i… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,283 satisfied customers
Megan, My partnership owns a medical office building which
Megan, My partnership owns a medical office building which will be sold in mid-December 2014. Some partners will do a 721 UPREIT exchange and others will do a taxable sale. I told our CPA that my roll… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,283 satisfied customers
I try to donate my piece of land worth $118,000 to the city.
I try to donate my piece of land worth $118,000 to the city. Can I get 100% deductible in income tax return for some years to come? If not 100%, then how much % and how many years to come?… read more
winktax
winktax
Enrolled Agent
Master's Degree
425 satisfied customers
I have a trust law question.. I want to fund a CRT or Unitrust with a asset that would nor
I have a trust law question.. I want to fund a CRT or Unitrust with a asset that would normally fall under capital gains when it is sold.. If I transfer the asset to the trust first, and the trustee s… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,478 satisfied customers
Lets say I plan to build an expansion to my vet practice.
Lets say I plan to build an expansion to my vet practice. I want to buy a steel building kit this week for $175,000.00. Can I expense the total amount on my federal taxes for 2011? Then if things chan… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,478 satisfied customers
It is more than only a tax issue. Want to donate a portion
It is more than only a tax issue. Want to donate a portion and sell a portion of 300 acre parcel. The objective it to receive sufficient $$ to justify this vs holding or selling for much less in this … read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
if a piece of property in the state of Georgia is sold what
if a piece of property in the state of Georgia is sold what are the state and federal tax fee's, ,forms required and what form is required when filling out tax return? This is a piece of property not … read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Thank you for your answer. I do have a good cpa in retrospect.
Thank you for your answer. I do have a good cpa in retrospect. Can I sell or transfer the bonds into a fixed annuity? Sorry for the delay in time, but it was late and I had to go to bed. I went for ad… read more
BK-CPA
BK-CPA
Bachelor's Degree
919 satisfied customers
Where do I claim a Charitable Remainder Unitrust deduction
Where do I claim a Charitable Remainder Unitrust deduction on my Federal return and what substantiation is required?… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
how do we donate to a charitable remainder trust, what are
how do we donate to a charitable remainder trust, what are the benefits, and how do you value appreciated property (ANNUITY)… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
I am selling my commercial building to the VFW. Can I take
I am selling my commercial building to the VFW. Can I take a charitable deduction as part of the selling price. The facts are as follows: 825,000. is the selling price with 80,000 down payment, I will… read more
RD
RD
Self Employed
Master's Degree
1,129 satisfied customers
Client owns 10,000 shares of stock. Basis $1/shr and FMV
Client owns 10,000 shares of stock. Basis = $1/shr and FMV = $100/shr. They are interested in putting the stock in a CRUT and receiving an annual payment from the CRUT in return.How is that income the… read more
Bill
Bill
Master's Degree
3,157 satisfied customers
My ministry is going to rent a building. What do i tell the ...
My ministry is going to rent a building. What do i tell the Landlord about the 501-C-3 and how it can benifit him?39533.842153588… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I have a tax client who built a house in 2005 and his ...
I have a tax client who built a house in 2005 and his expenses are in 2005 but he sold the house in 2006. How can I wait till 2006 to count the expenses for building the house?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
Hello If I sell a property for $465,000. Down payment of
Hello: I am thinking of selling a property for $465,000 with a down payment of $250,000, carrying a Real Estate Contract for $215,000 @ 8.50% for 4-5 years. Estimated $32,200 of realtors fee and closi… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,478 satisfied customers
If I sell my apartments, how can I aovid paying capital gain
I own 5 apartments, of which I reside in one of them. I want to sell them and retire. What are my options?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
We are trying to lower our taxable estate ($1,200,000) We ...
We are trying to lower our taxable estate ($1,200,000) We need to do this within the next couple of months and do not have the years required by gifting and some of the education funding plans. (the d… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
Is there any way of avoiding capital gains taxes on a ...
Is there any way of avoiding capital gains taxes on a second home (aside from a 1031 Exchange)? I have owned the property for ten years. I used it as a residence for weeks and weekends. I lived there … read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 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