18 November 2025 | 3 replies
Requesting help on what the gross taxable and deduction amount is entered in the lodging report for the city and state.. my Airbnb Vrbo charges occupancy tax for the guests already.
12 November 2025 | 6 replies
Once you pass that point, it’ll have been more than three years since you lived there, and you’ll no longer qualify for the exclusion.If you sell before March 2026, you can likely exclude up to $250k/$500k of gain from federal taxes.
11 November 2025 | 8 replies
Selling one property to add a liquid, taxable account for college/retirement flexibility is a totally rational move — especially with kids about to hit college and you wanting to retire in 10–14 years.One thing to double-check:Since the sale is 11/24/25, make sure the tax estimates line up (federal, Colorado, NIIT if it applies, depreciation recapture).
10 November 2025 | 5 replies
Picture this: Elderly parents own the family home but have unpaid IRS debt with a federal tax lien filed.
11 November 2025 | 2 replies
"→ Day 3,649: WHAM - IRS files federal lawsuitSuddenly your brilliant executor strategy becomes a catastrophe.
17 October 2025 | 3 replies
🚨 What You Didn't Know About Federal Tax Liens Could Kill Your Real Estate DealThink that NFTL showing up in your title search means "game over"?
7 November 2025 | 38 replies
When the property is sold, the depreciation recapture rules will apply, reducing your tax basis and potentially increasing your taxable gain.
14 November 2025 | 20 replies
That means you’re likely paying self-employment tax on top of federal and possibly state income taxes.
15 November 2025 | 1 reply
Ok, you have $5,000 of taxable income, at ordinary rates (the bad kind).Oh, it's completely worthless, you say, like $0 value?
17 November 2025 | 61 replies
This can significantly reduce or eliminate your 2025 taxable gain.