Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

If you foreclose and take it back then you can resell it later but if you are owed $25,000 and it sells at foreclosure sale for $40,000 you don't get paid $40k.

You can structure the deal to pay him gains at a zero federal tax rate.  

I wanted some advice on whether we need a specialized tax accountant for Real Estate.

It will have to be a pass through/disregarded LLC to keep the tax payer the same and the 1031 valid.

Use that loan to pay the back taxes and get things under control.

Would the federal tax liability be $140k at year 5 for the sale, with long term capital gains (ignoring any Net Investment Income Tax)?

Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

You may be able to deduct mortgage interest and property taxes before the property is in service.