Sam Leon
"Non representation listing please call owner direct"
11 January 2025 | 4 replies
Does this mean the realtor does not have exclusive rights to sell the property and the owner is probably advertising the same property on one of those by owner sites?
James Mc Ree
Does a dedicated shed qualify for a home office?
8 January 2025 | 0 replies
I have a 10x8 shed that I use exclusively to store real estate materials and supplies.
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.
Sung Yu
1031 fourplex into a single family
23 January 2025 | 5 replies
This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
He testified that he used his personal bedroom exclusively forbusiness purposes but later testified that he slept and ate in his bedroom.
Harmonie Borden
From Before to Profit: A Live Fix and Flip Experience
7 January 2025 | 0 replies
From Before to Profit: A Live Fix and Flip ExperienceJoin us for an exclusive Fix and Flip Tour to explore real estate flipping firsthand.
James Boreno
Do I have to pay Capital Gains?
22 January 2025 | 5 replies
Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.
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.
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.
Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
For bookkeeping purposes, I recommend designating a separate bank account exclusive to the house hack activities to keep some sanity.