asked
I am behind on property taxes and on an owner finance contract. The old owner is demanding payment by December 15th, but the tax office says I have until June 2024. Can she take control of the property if I don't pay by December 15th?
November 6th, 2023
I had $900 taken out of my account illegally by GoBank, which was part of my Social Security deposit. Despite providing proof that the money was mine, I haven't received it back since July 29th. GoBank has turned the funds over to Green Dot corporate office, but I can't get anyone to talk to me about this issue. What can I do to get my money back?
March 9th, 2023
As a profitable sports gambler who travels to another state to place bets, can I deduct my flights and hotel expenses, and what defines a professional gambler for tax purposes?
October 1st, 2023
I own a residence in Washington state and have spent the majority of my time in Iowa in recent years, living in an RV. The IRS and the state of Iowa are demanding that I pay Iowa income taxes for the time I've been here, even though I have not received income from the state. I continue to file taxes in Washington state as required. How can Iowa claim I am required to file income taxes for a state I did not receive income in?
February 28th, 2024
If two brothers own a rental property jointly, should each brother include their share of the rental activity on their respective tax returns, and should the sale of the property be split between them for tax reporting purposes?
July 12th, 2023
I'm thinking about purchasing a horse ranch for breeding horses commercially. Can the entire property be depreciated or expensed, and what might be some of the advantages and disadvantages of this plan be?
September 14th, 2024