Welcome back! Ask questions, get answers, and join our large community of tax professionals.
bandb2
Level 1
Activity Feed
  • Thanks. Q Can I do a bulk sale for building and land or must I treat them sepataely and allocate a part of selling price to land?
    bandb2
    4
    Apr 28, 2025
  • Taxpayer's income is IRA RMD and Social Security. RMD has Fed and State withholdings. In March, He sold rental property and realized a gain of $340,000.Factorin...
    bandb2
    2
    Apr 19, 2025
  • Taxpayer wants to avoid being taxed on part of the gain on sale of personal residence. He wants to not take depreciation on business part of home. My understand...
    bandb2
    4
    Apr 18, 2025
  • Taxpayer was self employed first half of the year. Second half he was both self employed and employed working from home. Can he take a business use of home for ...
    bandb2
    3
    Apr 19, 2025
  • Taxpayer bought a truck for $80,000,got a $4,000 incentive credit and dealer redeemed EV credit of $7,500 . Is the basis for section 179, $80,000, $76,000 or $ ...
    bandb2
    1
    Apr 14, 2025
Community Stats
Posts 6
Solutions 0
Cheers Given 0
Cheers Received 0
Member Since ‎03-03-2025
Latest badges earned