news

What do you call a shared house?

A shared house, sometimes called as a guest house, is an apartment (or a house) for rent in which you can share rooms and facilities with other residents....

Published: Jun 05, 2026

general

How marital status can affect health?

Recent research also finds a link between marriage and health care use. Marriage is associated with shorter average hospital stays, fewer doctor visits, a...

Published: Jun 05, 2026

general

How do mineral rights affect property values?

If you sell those rights, you have to pay taxes on the proceeds. Income made from the minerals is taxable income. But having valuable minerals and oil on ...

Published: Jun 05, 2026

general

What does the IRS consider professional services?

An specified service trade or business (SSTB) is a trade or business involving the performance of services in the fields of health, law, accounting, actua...

Published: Jun 05, 2026

news

How is UDS percentage calculated?

The UDS can be calculated by multiplying the total land area with the size of the individual apartment (3,500*1,000) in this case and dividing the result ...

Published: Jun 05, 2026

general

Can a corporation trade stocks in Canada?

Corporations can own stocks, bonds, mutual funds and rental properties. Taxpayers could set up their own company and transfer their investments into it. I...

Published: Jun 05, 2026

general

Where do I report bad debt on Schedule C?

Generally, a business bad debt, not surprisingly, is one that comes from operating your trade or business, and is deductible on Schedule C. On your 1040.c...

Published: Jun 05, 2026

updates

How does business brokerage differ from real estate brokerage?

What’s the Difference between a Business Broker and Real Estate Broker? Answer: Residential and commercial real estate brokers sell the physical space, wh...

Published: Jun 05, 2026

updates

Do you need to include 401k on tax return?

You don’t have to pay taxes on money that stayed in your 401(k) plan. Per IRS guidelines, your employer doesn’t include your pre-tax contributions in your...

Published: Jun 05, 2026

general

Do you have to put 20% on a second home?

If you have a lower credit score or higher debt-to-income ratio, your mortgage lender may require at least 20% down for a second home. A down payment of 2...

Published: Jun 05, 2026