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Reporting Installment Sales in TurboTax: MAIN HOME Year 1&2

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Mia Le, EA, MBA

1:16:58

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  • 1. Welcome!.mp4
    04:45
  • 1. Understanding Installment Sales in Property Transactions.mp4
    07:03
  • 1. How to Signup for Turbo Tax.mp4
    03:26
  • 1. Example Installment Sale of Primary Home - Setup Numbers for Our Example.mp4
    03:11
  • 2. Installment Sale of Primary Home - Year 1.mp4
    10:04
  • 3. Installment Sale of Primary Home - Year 2 TurboTax Was Used Last Year.mp4
    04:40
  • 4. Installment Sale of Primary Home - Year 2 TurboTax Was NOT Used Last Year.mp4
    06:55
  • 1. Year 1 See How Different DOWN PAYMENT Terms Affect You.mp4
    07:07
  • 2. Year 1 See How Different INTEREST Payment Terms Affect You.mp4
    02:44
  • 3. Year 1 No Installment Sale Scenario.mp4
    05:52
  • 1. TurboTax Troubleshot Why My Form Is not Showing Or My Tax Meters Are Not Show.mp4
    03:52
  • 2. Why Use a Structured Installment Sale of Highly Appreciated Real Estate.mp4
    07:38
  • 3. Can I Use Both the Primary Home $250,000$500,000 Exclusion and Installment Sale.mp4
    :
  • 4. Seller Financing vs Installment Sale.mp4
    07:42
  • 1. Congratulations & Bonus Resources.mp4
    01:59
  • Description


    A Practical Course for Homeowners and Investors, Ensuring Accuracy and Compliance in Your Primary Home Sale Reporting

    What You'll Learn?


    • Understand INSTALLMENT SALES and how they work for primary home transactions.
    • Use TURBOTAX ONLINE to report installment sales for your MAIN HOME accurately. Trigger PRIMARY HOME EXCLUSION / Section 121 Exclusion.
    • Find out how to use installment sales whether you're SELLING or BUYING, to save money on taxes.
    • Learn ways to reduce CAPITAL GAIN TAXES when selling your home.
    • Figure out the best NUMBER OF YEARS and INTEREST RATES for an installment sale to get the tax benefits you want.
    • Understand how different DOWN PAYMENTS affect your cash flow and taxes in an installment sale..
    • Learn how to fill out tax forms like FORM 6252 and follow IRS guidelines correctly for installment sales.
    • Enroll RISK-FREE with our results guarantee. If you don't see transformative results within 30 days, get 100% of your investment back.

    Who is this for?


  • This course is tailored for homeowners and real estate investors who want to take control of their primary home sale reporting using TurboTax. Whether you're a DIY enthusiast eager to understand the ins and outs of INSTALLMENT SALES or an investor looking to optimize tax savings, this course is designed with you in mind. If you're interested in exploring strategies to minimize tax liabilities, comparing different sale scenarios, or simply gaining practical insights to make informed financial decisions, this course offers valuable guidance. No matter your level of experience, from beginners to those with some knowledge of real estate transactions, this course breaks down complex tax concepts into easy-to-follow steps. Don't wait to save thousands on CPA fees—empower yourself with the knowledge and tools to confidently navigate INSTALLMENT SALES for your main home. Enroll today and take the first step towards mastering your tax reporting!
  • What You Need to Know?


  • Basic Understanding of Real Estate Transactions: Familiarity with the basics of buying, selling, or investing in real estate will be helpful but not mandatory.
  • Access to TurboTax: Ensure you have access to TurboTax Online to follow along with the course tutorials.
  • Basic Tax Knowledge: While not essential, having a basic understanding of tax concepts can be beneficial.
  • Computer Skills: Basic computer skills to navigate through TurboTax and access online resources will be useful.
  • More details


    Description

    Are you a homeowner or real estate investor striving for clarity amidst the complexities of TurboTax? Dive into our comprehensive guide tailored just for you! This course is meticulously crafted to empower you with the knowledge and confidence to report installment sales of your primary home seamlessly, year after year.


    Please note that this course is based on US Tax Laws.

    Also note that this is for TURBOTAX ONLINE. If you use TurboTax Desktop, the process is similar but it is not exactly the same, follow a long but note that we do not provide step-by-step instruction for the desktop version.


    Why Choose This Course?

    • Save Time and Eliminate Guesswork: No more struggling with where and how to enter installment sales in TurboTax. Our step-by-step guidance ensures you navigate with ease.

    • Optimize Your Tax Strategy: Learn to save on capital gains taxes by leveraging installment sales for your investment real estate properties.

    • Empowerment Through DIY: Be in control of your financial destiny. With our detailed instructions, witness firsthand how your decisions impact your tax returns, without relying on costly tax preparers.

    • Cost-Effective Tax Planning: Understand the benefits of installment sales compared to regular sales. Run scenarios on TurboTax yourself and save thousands on professional services.

    Course Highlights

    • Foundational Knowledge: Grasp the essence of installment sales in property transactions and their relevance to your primary home.

    • TurboTax Mastery: Navigate TurboTax like a pro, from signing up to detailed reporting of installment sales.

    • Real-World Examples: Enhance your understanding through practical examples and scenarios.

    • Q&A Session: Address common challenges and questions with our dedicated troubleshooting segment.

    Who Is This Course For?

    • Homeowners and real estate investors using TurboTax for primary home sale reporting.

    • DIY enthusiasts wanting a transparent view of their financial transactions without depending on tax preparers.

    What Will You Learn?

    By the end of this course, you will:

    • Understand installment sales intricacies and their application in property transactions.

    • Navigate TurboTax with confidence, accurately reporting installment sales.

    • Harness the power of DIY tax planning, saving both time and money.


    Our Promise

    We're committed to your success. If you don’t see dramatic improvements in your tax reporting capabilities within 30 days, we offer a full refund. No questions asked.


    Enroll Now and Take Control of Your Financial Future!


    Testimonials

    "Mia’s course was a game-changer! I now understand my tax obligations better and can confidently manage my property transactions."
    - Sarah L., Real Estate Investor

    "This course demystified TurboTax for me. Mia’s expertise is unmatched!"
    - Raj P., Homeowner


    Don't Miss Out!
    Enroll now and gain access to exclusive bonus resources to further enhance your learning journey!


    Enroll Today and Transform Your Tax Reporting Skills!

    This meticulously designed course is your gateway to mastering TurboTax reporting for installment sales. Equip yourself with the knowledge and confidence to make informed financial decisions. Act now, and seize control of your financial destiny!



















    DISCLAIMER: The information and guidance offered on this website are intended solely for educational and general informational purposes. Mia Le and Strategy Street Smart expressly disclaim any responsibility for any direct, incidental, consequential, indirect, or punitive damages that may result from accessing or using any of the content accessible through this platform. Prior to making any investment decisions, it is strongly advised that you seek guidance from a qualified financial advisor or another professional specializing in wealth management.

    While Mia Le and her associated entities exercise due diligence to maintain the accuracy and currency of the content on this platform, all information provided herein is presented "as is" without any warranties or representations of any nature regarding its accuracy or appropriateness for your specific needs.

    Any hyperlinks leading to external websites are included solely for convenience, and Strategy Street Smart urges you to review the privacy policies of such third-party websites.



    Who this course is for:

    • This course is tailored for homeowners and real estate investors who want to take control of their primary home sale reporting using TurboTax. Whether you're a DIY enthusiast eager to understand the ins and outs of INSTALLMENT SALES or an investor looking to optimize tax savings, this course is designed with you in mind. If you're interested in exploring strategies to minimize tax liabilities, comparing different sale scenarios, or simply gaining practical insights to make informed financial decisions, this course offers valuable guidance. No matter your level of experience, from beginners to those with some knowledge of real estate transactions, this course breaks down complex tax concepts into easy-to-follow steps. Don't wait to save thousands on CPA fees—empower yourself with the knowledge and tools to confidently navigate INSTALLMENT SALES for your main home. Enroll today and take the first step towards mastering your tax reporting!

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    Mia Le, EA, MBA
    Mia Le, EA, MBA
    Instructor's Courses
    Mia Le, EA, MBA: Your Trusted Guide in Real Estate Tax and AccountingAre you looking for a seasoned expert to navigate the intricate world of real estate tax and accounting? Meet Mia Le, Enrolled Agent (EA) and Master Tax Advisor with a wealth of knowledge and over 15 years of hands-on experience in the field.Educational Background: Mia holds a prestigious MBA degree, a testament to her commitment to excellence in finance and accounting. Her academic achievements have equipped her with the theoretical foundation essential for delivering cutting-edge insights to her students and clients.Fortune 100 and 500 Expertise: Mia has honed her craft by working with Fortune 100 and 500 companies, where she tackled complex financial challenges head-on. Her wealth of corporate experience lends a practical edge to her teachings, allowing her students to gain a deep understanding of real-world financial scenarios.Passion for Teaching: With a heart dedicated to education, Mia has successfully mentored and empowered countless students in various domains, including accounting, taxation, online marketing, and entrepreneurship. Her approach combines her extensive practical experience with her innate ability to simplify complex concepts, ensuring her students grasp the essentials.Community Builder: Mia's commitment to fostering thriving local business communities extends beyond the classroom. As a dedicated volunteer at Score, she serves as a Score Mentor and Workshop Presenter, providing invaluable guidance to entrepreneurs and small business owners. Mia's altruistic endeavors reflect her passion for giving back and nurturing the next generation of business leaders.Reach Out: Mia is not just an instructor; she's your partner on your journey to financial proficiency. Feel free to contact her through the course platform or her social media channels. Her enthusiasm for sharing knowledge and her knack for demystifying complex financial concepts make her the go-to expert you've been searching for.Let Mia Le, EA, MBA, be your trusted compass in the world of real estate tax and accounting. Join her on a transformative learning journey and unlock the doors to financial mastery. Don't miss this opportunity to learn from a seasoned expert who has been there, done that, and is ready to guide you toward financial success. Enroll today!
    Students take courses primarily to improve job-related skills.Some courses generate credit toward technical certification. Udemy has made a special effort to attract corporate trainers seeking to create coursework for employees of their company.
    • language english
    • Training sessions 15
    • duration 1:16:58
    • Release Date 2024/07/24