politics
What is a bulk purchase in real estate?
In real estate wholesaling, a wholesaler contracts a home with a seller, then finds an interested party to buy it. The wholesaler contracts the home with ...
Jan 03, 2026 1 Views
Topics: Politics
politics
What is a remitter in real estate?
The remitter is the person who will remit the tax withheld on any disposition from the sale or exchange of CA real estate and file the prescribed forms on...
Jan 03, 2026 1 Views
politics
Can a corporation loan money to an LLC?
You may lend it money. You might need to supply the company with capital so it can pay its bills: rent, internet, print costs, and so on. Most states perm...
Jan 03, 2026 1 Views
politics
Can I file 1120S extension online?
To request a filing extension, use the California Department of Tax and Fee Administration’s (CDTFA) online services. You must have a CDTFA Online Service...
Jan 03, 2026 1 Views
politics
How long do you depreciate audio equipment?
Musical instruments are considered to have a useful life of seven years when depreciated using the 200% declining balance method. However, as noted above,...
Jan 03, 2026 1 Views
politics
Can a personal representative of a deceased person sell a house?
“Generally speaking, you have no legal authority until the court has named you as the personal representative. So, in most cases you really can’t do anyth...
Jan 03, 2026 1 Views
politics
Can you write off 100 of my car?
If you bought a full-size SUV (over 6,000 pounds) or truck in the last three months of 2017, up to 100 percent of the car’s purchase price can be written ...
Jan 03, 2026 1 Views
politics
What is the South Carolina standard deduction?
The standard deduction, which South Carolina has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemiz...
Jan 03, 2026 1 Views
politics
Who does business interest limitations apply?
For tax years beginning after 2017, the limitation applies to all taxpayers who have business interest expense, other than certain small businesses that m...
Jan 03, 2026 1 Views
politics
Can construction companies be cash basis?
That means all construction businesses with average gross receipts of $25 million or less can now use the cash method, regardless of entity type or whethe...
Jan 03, 2026 1 Views