EvSenter
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If father has this trust as a revocable living trust he can do anything he wants as far as I know. But logically he is going to pay tax on the income if it rema...
Activity Feed for EvSenter
- Posted Re: Rental Income for property you don't own on Investors & landlords. September 2, 2022 8:02 PM
- Posted For 2022 I will have $7M of RE to sell (retiring). I have $6M of NOL carried forward. I might 1031 $1M if necessary to avoid huge tax bill. Is AMT then not relevant? on Investors & landlords. September 2, 2022 7:37 PM
- Posted Keep one rental property and Real Estate Pro designation to keep my big NOL carried forward usable against all future income? Or OK to sell all rentals? on Investors & landlords. February 3, 2022 1:50 PM
- Posted If I report my 2018 rental income and expense on Schedule E, will I be able to deduct 20 per cent of the net rental income as a Trade or Business on page 2 of the 1040? on Investors & landlords. June 6, 2019 7:22 AM