Recent content by jnindel

Thanks very much!

What is the name of your state? California I am retired from the federal government which provides my spouse and me with FEP Blue Cross insurance in retirement. My spouse is also retired, and is covered by my federal government health insurance. My spouse recently became covered by Medicare...

I was referring to the sale of both lots.

Your assumptions are correct! Thank you very much.

What is the name of your state? California. I purchased two lots through separate transactions and sold them together a year later under one transaction. What is the best way to report the sale of both lots when they are sold together as one? One lot had a house on it, the other lot was...

What is the name of your state (only U.S. law)? Florida I live in a housing development with a Homeowner's Association/Architectural Review Board. I have several tall Pine trees on my property that will cause damage and possibly personal harm if they fall. I requested permission to remove...

What is the name of your state (only U.S. law)? Florida and California I am a full-time resident of Florida. For many years I have owned a condo in Palm Springs, California. I used the condo as a vacation home that I would visit three or four times a year for a week each time. I am selling...

What is the name of your state (only U.S. law)? Florida I am married. I have all of my tax information available now, including my W-2 and 1099's. My spouse sold a business and will not have much of the information needed for the federal tax return until later in 2016. Last year we filed as...

What is the name of your state (only U.S. law)? Florida. I have a rental property in St. Augustine, Florida. My tenants reported to me that they had broken one of their bedroom windows and that the glass needed to be replaced. I gave them the name of a window repairman the same day as being...

What is the name of your state (only U.S. law)? Virginia I own a condo. Can I add someone (a relative) to the deed/title so that he/she inherits the property from me? If so, what are the tax implications? Is his/her share of the property considered a gift from me? Would I pay a gift tax? Would...

What is the name of your state (only U.S. law)? Virginia I own a condo. Can I add someone (a relative) to the deed/title so that he/she inherits the property from me? If so, what are the tax implications? Is his/her share of the property considered a gift from me? Would I pay a gift tax? Would...

What is the name of your state (only U.S. law)? Florida I have a tenant who paid his first and last month's rent when moving into my rental house in Florida. His rent is due on the 15th or each month. His July/August rent was due on July 15. The tenant has sent me two checks for his...

What is the name of your state? Virginia I refinanced the mortgage on a rental property this year. Are any of the costs I incurred when refinancing the mortgage deductable on my 2006 taxes as rental expenses, or are they all simply added to my cost basis?

What is the name of your state? Virginia I have a rental property in Florida that I just refinanced. What costs can I deduct on my federal return? I paid no points, but did pay a prepayment penalty to my previous lender, as well as the usual closing costs to the new mortgage company, including...

What is the name of your state? Virginia. I have a rental property in Florida that I just refinanced. What costs can I deduct on my federal return? I paid no points, but did pay a prepayment penalty to my previous lender, as well as the usual closing costs to the new mortgage company...