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Results (4,974+)
Benjamin Aaker Should I sell my rental house and kick out long-term tenants?
29 March 2021 | 12 replies
You could sell and redeploy you equity into a different investment as @Alex Olson advises (using a 1031 exchange to defer all of your potential tax payments), but remember that the rules for 1031 exchanges don't give you a lot of time to find a replacement asset.  
Edwin E. Are rental property taxes higher or lower than primary residence
6 September 2021 | 8 replies
Counties normally provide an owner occupant a 'homestead exemption' which allows a reduced property tax payment.
Sam Haack Best practices qualifying as a real estate professional
3 April 2021 | 4 replies
The courts have noted that a taxpayer may establish hours of participation in a real property trade or business by any reasonable means. 
Joey Brehm Deal structuring question
29 September 2020 | 2 replies
And you've got to take title as the same taxpayer that sold the old property. 
Tyler Baldwin IRS finalizes Cost Segregation Rules (and timeline)
25 September 2020 | 35 replies
And let’s be clear, when the IRS comes knocking because a tax payer used a “diy” strategy, you will not be there to help them, free of charge of course.
Tom Degroodt Using SD-401(k) loan for personal home and taxes on distributions
30 September 2020 | 0 replies
Would the 1st tax payment be due on 2020 taxes (April 2021)?
Simon Gill 1031 Exchange into New Purchase
4 October 2020 | 4 replies
The important requirement is that the "taxpayer" doing the 1031 Exchange be the same on both sides of the transaction.  
Jess Archives 50/50 Partnership, Deductions, and One Name on Loan
10 October 2020 | 4 replies
Additionally, the local taxing authority may also only provide a receipt in one taxpayer's name.If you’re each eligible to deduct the expense, you can both take a deduction for your portion of the expenses.
Arsalan Augend Acquisition time for RE Professional Status
11 October 2020 | 5 replies
This might be helpful:  If a taxpayer's capacity in a given activity is more akin to that of an investor, then the activity cannot be treated as participation for purposes of deducting passive losses unless the taxpayer is involved in day-to-day management.
Kyle Langston Delinquent tax roll to find deals
12 October 2020 | 1 reply
I think it varies by state, but in CA where I am, the tax collector's office puts a notice on your property when you miss you tax payments.