updates

Do you need a partnership to own a rental property?

Co-ownership of Rental Real Estate Does Not Require Partnership Formation. Generally co-ownership in rental property does not require the formation of a p...

Jul 22, 2026 • 1 READS

updates

Can you sell RSU immediately?

In most scenarios when your RSUs vest you can sell them immediately and there is almost no tax impact. However, if the stock reverts to the original IPO/V...

Jul 22, 2026 • 1 READS

updates

What does a 1031 exchange mean for the buyer?

A 1031 exchange allows you to sell one investment or business property and buy another without incurring capital gains taxes – as long as the exchange is ...

Jul 22, 2026 • 1 READS

updates

Can I withdraw money from my defined contribution pension plan?

Defined contribution plans require that you collapse the plan by the end of the year you turn 71. At that point, you can withdraw the funds and pay tax on...

Jul 22, 2026 • 1 READS

updates

Are RMDs back for 2021?

If you delayed your first RMD until April 1, 2020, you avoided both the 2019 and 2020 RMD. However, in 2021 you will have to take your first RMD. This RMD...

Jul 22, 2026 • 0 READS

updates

Do you have to file Form 709 for a gift?

You must file Form 709 for any tax year in which you make a taxable gift unless you’re covered by one of the exclusions mentioned previously. If you file ...

Jul 22, 2026 • 1 READS

updates

Can you not claim yourself on taxes anymore?

No. You cannot claim yourself as a dependent on taxes. Dependency exemptions are applicable to your qualifying dependent children and qualifying dependent...

Jul 22, 2026 • 1 READS

updates

When do you have to pay back state taxes?

Hopefully, you have the money available to pay the balance due immediately when you file, but if not, there are always installment payment options that al...

Jul 22, 2026 • 0 READS

updates

How do I sell my makeup services?

Listed below are the top 5 methods of promoting a makeup artist business: Use of Business Cards. Create and Post Make Tutorial Videos Online. Create a Gre...

Jul 22, 2026 • 1 READS

updates

What does base price mean when building a house?

The first price you’ll see on your new construction home is the base price. This number includes the basic structure and finishes, and often the lot cost ...

Jul 22, 2026 • 1 READS