As you know, land is not depreciable so your tax benefits going forward should be considered with respect to the allocation of the price because it will effect your bottom line with respect to taxable income.Additionally, ensure that you have the property you are buying titled the same way as the property you are selling because the taxpayer is the one who receives the benefit of the exchange so the selling taxpayer (individual, LLC, Corp) and buying taxpayer need to be the same. 

If you ever hear or read of investors saying they are not "paying" taxes, what they usually mean is that they are deferring their tax payments to Uncle Sam until some point in the future (via a transaction called a 1031 exchange). 

The US tax payers.

Long Distance TravelIf you travel overnight for your rental activity, you can deduct your airfare, hotel bills, meals and other expenses.Be aware that IRS auditors closely scrutinize deductions for overnight travel—and many taxpayers get caught claiming these deductions without proper records to back them up.

This period begins on the first day of the taxable year(January 1 for most taxpayers) for which the Roth IRA owner makes his first Roth IRA contribution (Treas.

 $150,000 cap would not apply and passive income depreciation / losses would adjust our combined MAGI.Bank Rate - "Taxpayers whose modified adjusted gross income, or MAGI, is less than $100,000 can claim up to $25,000 in rental losses.

When a component is replaced, taxpayers need this information to claim a “retirement loss” or “partial disposition” deduction for its remaining depreciation.

The seller retains the title to the property during the life of the contract, which can require installment payments for as long as 30 to 40 years at interest rates higher than traditional mortgages.Proponents of the financing say it facilitates home ownership for individuals who otherwise would not qualify for mortgages.The NYDFS subpoenas demand documents about New York residents who entered the contracts and details about parties' obligations including for tax payments and repairs, according to a subpoena reviewed by Reuters.

Thus making it 5 tax payments of $550 rather than just two in the calculation ($2,750 instead of $1,100).COLLECTION: What do you guys recommend to collect payments in a timely manner?

The court will do this - after they spend tax payer money to respond to the claim by the squatter.