What's more, you can continue to 1031 subsequent rental props, leapfrogging your portfolio over the course of your whole life, deferring taxation all along the way.

Any allocation of passive losses you cannot use in that calendar year will carry over, so they can be used in subsequent years.Keep in mind, some property types will garner more bonus depreciation than others.

Any allocation of passive losses you cannot use in that calendar year will carry over, so they can be used in subsequent years.

If you put in the above in the sales contract as an addendum, then reference this in both the original short sale package letter and subsequent conversations with the negotiator, you will have an easier time getting what you want.

There is a (current) mortgage on the property, but agent didn't know that amount.Instead of checking my own marketing database while on the phone, I subsequently check after hanging up and see that my probate marketing has reached this same estate address.So ....  

@Johnny Dang Be aware that taking out a loan in your personal name and then subsequently transferring the property to your LLC (without first obtaining lender consent) can often trigger any Due on Sale language that might be in your loan docs.

Hi Brian, It's possible your friend will need to obtain a business/commercial loan for this enterprise.

My wife and I attended the live training in Scottsdale 3 years ago, along with several subsequent meetings and national conventions.

If it must be notarized, you're right you can't do that from 5 years ago.But could you get a statement from both of you, attesting to the existence and subsequent destruction of the trust documents, have that statement notarized along with a new trust, and submit to the title company?

The second and subsequent loans are higher each consecutive time you want to secure a VA loan.