Can I sell my rental home without taking it out of our LLC?

I don't understand why you would want to transfer it from the LLC. Assuming that the LLC has elected to be taxed as a pass-through entity, the net...

Is money received from a car insurance company for a driver causing the death of a loved one taxable ?

One needs a breakdown of the components of the award to determine which amounts are not taxable as compensation for a loss, and which amounts are...

I am unaware of any mechanism to get a person banned from casinos. A person can usually apply to have themselves banned, but one cannot ban...

What wording best describes an agreement between (ex) spouses to transfer carryover capital loss from one spouse to another?

Ms. Malone makes my Irish heart proud by how thoroughly, accurately and completely she answered this question. What made you believe that tax...

IIs my husband entitled to half of my tax refund if filed jointly and he has no income?

I agree with Mr. Head insofar as how the IRS sees it, but overlay on federal law the fact that VA is a tenants-by-entireties Commonwealth and that...

If I refinanced cashed out to invest in land and the land foreclosed in 2007, do I pay capital gains on money lost?

Your basis in an asset is not affected by taking a loan against the asset, so when you sell for an amount over your basis you are taxed at capital...

What's the solution please help me ?

Moving from Tax to Immigration which I think is a better fit.

Can a sole proprietor buy goods from their business to add earned income in order to contribute to a Roth IRA & Solo Roth 401k?

I like the way you think but I am more conservative than you. I don't think this would pass an audit and is it really worth it for a tax benefit...

Can my employer dictate what I do with my PTO cash in?

Moving from Tax to Employee Benefits where you might get an answer.

He can obtain a certified copy of the order vacating his sentence and conviction, probably get several copies, and send one to the agency which...