I am considering buying another rental property or a house to resell on a seller finance contract. I could buy a 450k house with a 3.3 percent interest rate and sell it for 500k at 6 or 6.5 percent interest, potentially cash flowing 1000 a month. Given the uncertain future, is it wise to take on more debt? What would happen with hyperinflation?

August 31st, 2023

I am Bill, a retired active Army member receiving disability and Social Security, which are non-taxable. I received the first COVID-19 stimulus check but have not received any others. I contacted the IRS but received no help. Should I file a tax return to receive the remaining stimulus checks?

February 15th, 2024

I need to complete my 2020 taxes and I never received a 1099 form from someone I did side work for, but I have receipts for cash payments. I also need to send proof of employment for PUA by Monday and I had my first sale on eBay last week. What should I do?

December 8th, 2023

Is it possible that a for-profit corporation that releases free content to receive tips/donations and pay tax on it as income?

April 2nd, 2023

I received two letters, one from the IRS and one from NY state, regarding adjustments to my tax refunds. The NY state letter adjusted my refund from $1448 to $189, and I want to know if there's a way to appeal this decision to get my full refund. The IRS letter states that my 2019 taxes were not fully paid, and I now owe them $1457. I need to know if there's a way to review and potentially correct my 2019 tax return to avoid this debt. What are my next steps?

April 22nd, 2023