Investors & Landlords Tax Forum Q&A

Need help with K1 and it's 199A with TurboTax

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9 Replies 6997 Views

9 Replies

6997 Views

Seeking guidance - I’m going to owe a huge amount of taxes April 2023 Due to massive short term capital gains

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2 Replies 311 Views

2 Replies

311 Views

Late 2020 Corrections to 1099 Increased Capital Loss Carryover from 2020

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2 Replies 149 Views

2 Replies

149 Views

Sales from RSA with 83(b) – Long term or Short term?

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1 Reply 50 Views

1 Reply

50 Views

LLC sold land and don't know which form to use

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7 Replies 215 Views

7 Replies

215 Views

How to properly report ISO's excercised in a previous year but partially sold in the current tax year?

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2 Replies 54 Views

2 Replies

54 Views

RSU sell to cover for 2021

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1 Reply 47 Views

1 Reply

47 Views

How do I file on the sale of farm land in a trust?

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9 Replies 1028 Views

9 Replies

1028 Views

Calculating capital gains

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14 Replies 3752 Views

14 Replies

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Navigating wash sales that includes closed position

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11 Replies 3208 Views

11 Replies

3208 Views

Rental Carryover Loss on NJ Returns

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11 Replies 695 Views

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Legal fees from on-going lawsuit regarding a failed rental property acquisition

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4 Replies 221 Views

4 Replies

221 Views

Turbotax for Roth conversion

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1 Reply 50 Views

1 Reply

50 Views

Using passive activity losses in other investments to offset rental property sale gain

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4 Replies 1104 Views

4 Replies

1104 Views

Recieve error "Hit a slight snage in this section" when reviewing federal return for Stocks, Mutual Funds, Bonds, Other

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3 Replies 298 Views

3 Replies

298 Views

Large one-time increase in income.

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1 Reply 47 Views

1 Reply

47 Views

do i use acquisition cost or adjusted cost when it comes to ESPP and RSU on qualified long term holds

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3 Replies 247 Views

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247 Views

Turbotax premiere and Crypto filing

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30 Replies 2157 Views

30 Replies

2157 Views

Partially owned rentals & auto deductions

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1 Reply 72 Views

1 Reply

72 Views

Loss after sale of Rental

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2 Replies 147 Views

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147 Views

Rental Apartment Repairs/Renovations

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2 Replies 146 Views

2 Replies

146 Views

RSUs sold to cover taxes show a gain sent to the government, why am I being taxed on this gain?

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4 Replies 227 Views

4 Replies

227 Views

How do I claim income from the satisfaction of a mortgage that I held on property?

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3 Replies 154 Views

3 Replies

154 Views

Basis adjustment for repairs of casualty loss of rental property

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18 Replies 1281 Views

18 Replies

1281 Views

Decrease capital gains by gifting

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2 Replies 341 Views

2 Replies

341 Views

Capital Gains Exemptions

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5 Replies 662 Views

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How does Qualified Opportunity Zone investment affect MAGI?

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4 Replies 405 Views

4 Replies

405 Views

LLC Owned Rental Property - Vacant First Year

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3 Replies 441 Views

3 Replies

441 Views

How do you procedurally enter the data into TurboTax for the sale of a rental property?

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4 Replies 1944 Views

4 Replies

1944 Views

Fiance owns duplex, we live on 1 side rent the other. Rent checks are in his name but go into joint account. Who claims?

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0 Replies 79 Views

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79 Views

Capital Loss Carryover from 2018

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3 Replies 652 Views

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652 Views

INSTALLMENT SALE: What is the formula for converting Gross Profit Percentage to find Cost Basis and Selling Price?

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1 Reply 104 Views

1 Reply

104 Views

Back Door Roth - Taxes

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1 Reply 127 Views

1 Reply

127 Views

I think I've made a significant rental home depreciation mistake

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1 Reply 483 Views

1 Reply

483 Views

MLP ordinary income in wrong place on Form 8949? And is statement required?

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7 Replies 923 Views

7 Replies

923 Views

Sale of a mutual fund

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2 Replies 242 Views

2 Replies

242 Views

Should you update the business percentage for a rental property from year to year?

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4 Replies 510 Views

4 Replies

510 Views

Cost basis adjustment for Wash Sales dealing with options...

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1 Reply 140 Views

1 Reply

140 Views

Emigrating - tax implications from new Green Card holder and US wife

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1 Reply 87 Views

1 Reply

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Basic K1 questions

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1 Reply 320 Views

1 Reply

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Form 1116 - Foreign source qualified dividends calculation

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2 Replies 336 Views

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Will my investment loss this year carryover into a future trading LLC I plan on creating next year?

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5 Replies 366 Views

5 Replies

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Financial interest in any virtual currency? " on IRS form 1040

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2 Replies 576 Views

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576 Views

Are PFICs held in an HSA subjected to reporting requirements and taxes?

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1 Reply 110 Views

1 Reply

110 Views

Where do I enter income from a forfeited real estate deposit on the sale of our rental property?

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1 Reply 255 Views

1 Reply

255 Views

Selling a rental - depreciation recapture

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3 Replies 2140 Views

3 Replies

2140 Views

In the first year of Mark to Market (M2M) accounting, what happens to existing long term holdings?

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5 Replies 519 Views

5 Replies

519 Views

Wash sale Loss disallowed ERRORS

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1 Reply 125 Views

1 Reply

125 Views

I filed married separately and have a large individual investment tax (capital gains). If i file jointly will this be smaller?

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1 Reply 78 Views

1 Reply

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Sale of property

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1 Reply 96 Views

1 Reply

96 Views

Tax reporting 1031 property donated to a charitable trust

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2 Replies 231 Views

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231 Views

8949 and Schedule D - wash sales

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3 Replies 711 Views

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dividend

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1 Reply 84 Views

1 Reply

84 Views

How do I claim rent through Registered Agent to maximize tax benifits?

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1 Reply 129 Views

1 Reply

129 Views

Proceeds From Real Estate Transaction

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4 Replies 996 Views

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How do I report currency realized losses?

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3 Replies 1800 Views

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1800 Views

Selling Rental Property after Divorce and Reporting Capital Gains

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2 Replies 463 Views

2 Replies

463 Views

Upon disposition of a market discount bond, is the investment (e.g., margin) interest expense used to purchase/carry the bond deductible?

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0 Replies 88 Views

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Depreciation recapture on partial rental of personal home

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1 Reply 224 Views

1 Reply

224 Views

6781 not transferring correctly

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5 Replies 566 Views

5 Replies

566 Views

Can my father declare on his taxes the income from renting out 2 rooms in a house (in which we both live), if he transfers the house to me? Or will I be required to report this income?

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7 Replies 970 Views

7 Replies

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I sold large amount of capital gains. What are my options to reduce taxes

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5 Replies 1242 Views

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1242 Views

Sold $100,000 stock can I place in IRA and do Roth Conversion

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11 Replies 1258 Views

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incorrect cost basis on 1099, Volkswagen stock (VLKPY) converted to OTC in 2018 with new symbol VWAPY

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0 Replies 198 Views

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198 Views

Sale of investment

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1 Reply 163 Views

1 Reply

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Tax Credits and Form 3800

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0 Replies 137 Views

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Sewer Disaster - Insurance Claim and Damage Expenses

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3 Replies 614 Views

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Question about form K1 line 19 item A and carrying over losses

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3 Replies 1300 Views

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Capital Gains on home sale

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11 Replies 3153 Views

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Right of Redemption

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2 Replies 369 Views

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Lost in stock in the past but haven't claim

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1 Reply 414 Views

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Rental Property

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1 Reply 177 Views

1 Reply

177 Views

Wrongfully withheld interest income F1099

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1 Reply 411 Views

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Can I amend an individual 2017 tax return,and subsequent returns, to MTM accounting methods for my trading?

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0 Replies 251 Views

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251 Views

How to adjust 1099 MISC income on vacation rental

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2 Replies 534 Views

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534 Views

Foreign Tax Credit - I can't get it to work

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3 Replies 735 Views

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735 Views

Own a condo since 2001 had to move out and live with my parents.

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6 Replies 780 Views

6 Replies

780 Views

TT Error: Passive Operating Loss must be entered

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2 Replies 2542 Views

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Repair or Improvement... or Both?

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5 Replies 1249 Views

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virtual currency airdrop

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1 Reply 198 Views

1 Reply

198 Views

Bought back home we held the mortgage on and sold it the same year Where do we enter it in turbo tax and what should we know

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1 Reply 165 Views

1 Reply

165 Views

What do I do if i receive money every month for rent

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1 Reply 176 Views

1 Reply

176 Views

What happened to my traditional IRA basis

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5 Replies 1400 Views

5 Replies

1400 Views

Claim loss on international investment property

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1 Reply 393 Views

1 Reply

393 Views

Can you get money back for renting a home/house ?

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1 Reply 465 Views

1 Reply

465 Views

stocks

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1 Reply 648 Views

1 Reply

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Hobby loss rule for multiple types of collectables

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10 Replies 1989 Views

10 Replies

1989 Views

Peer-to-Peer Lending outside of the US (Europe)

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1 Reply 275 Views

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Residential vs Commercial Property Improvements

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2 Replies 1504 Views

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Taxes when selling rental properties (California)

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2 Replies 1099 Views

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International Travel Expenses - Trip Primarily for Personal Reasons with a Side Trip for Rental Property Inspection

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2 Replies 843 Views

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Credit agencies

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1 Reply 383 Views

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383 Views

Sibling Sale of deeded home parents form 6223 it

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1 Reply 536 Views

1 Reply

536 Views

ubti

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1 Reply 351 Views

1 Reply

351 Views

IRS Notice received - 'your tax return doesn't match the info we have on file'. How to respond.

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1 Reply 531 Views

1 Reply

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Remodeling costs to add to cost basis of a rental property that I sold last year

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14 Replies 3994 Views

14 Replies

3994 Views

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