I'm talking about tax season! 

Maybe that is why the old owner didn't pay their taxes?

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

FHA loans typically require the property to be a primary residence for at least one year, so he should confirm compliance with his lender.Once rented, he can deduct expenses like mortgage interest, property taxes, maintenance, and depreciation starting from the date it's available for rent.

@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.

@Tyler Speelman, A 1031 exchange solves the tax issue. 

I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.

I am a hard money lender and need advise if an unsecured loan I made through the Solo 401k defaults and is uncollectible are there tax write-offs as a result of the uncollected loan?

This is a screenshot from a private Facebook group for tax professionals.