Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I do have a small shop with equipment that I use exclusively in fixing my rentals.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
@Alicia Howard Since your 5th wheel RV is used exclusively as a short-term rental property and does not move, its depreciation depends on its classification.
Jacob Havlovick
Duplex House Hack
13 January 2025 | 6 replies
For bookkeeping purposes, I recommend designating a separate bank account exclusive to the house hack activities to keep some sanity.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.
Jared Santiago
New to the community - Wholesaler in Jacksonville, Fl
2 January 2025 | 6 replies
I’ve been working exclusively in my local market since October and am excited to share that I already have a couple of deals under contract!
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Once vetted, I compile this exclusive list and share it with my clients.
Lisa Albright
Rehab personal home taking funds from rental property equity
13 January 2025 | 8 replies
If someone is willing to live in and renovate the 2 of last 5 year capital gains exclusion is a significant consideration.
Steven Barr
Buying Land from Courthouse Steps
1 January 2025 | 5 replies
I was raised in the land business and sold land exclusively for many years.
Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
Here would be a reasonable case if you sold the property while getting the section 121 exclusion.
Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
Even then, the IRS may scrutinize the transaction if it appears the intent was to immediately convert the property into a personal residence.Additionally, if you eventually sell the property after converting it to a primary residence, you may qualify for partial benefits under the Section 121 exclusion for primary residence gains.