Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Help investment vs taxes
I bought house back in 2018 let’s called this one (A) and another houses 2019 this one it would be (B)
House A has homestead exemption it’s renting right now and having some cash Flo every moths and equity around $100K. House B it’s where we live now zero cash flow and $15k on equity. I was thinking on my taxes for this year claim all the income from property (A) but if in the future I want to sell this property it will be my investment properties right ? I won’t be able to keep 100% gains ?