
5 March 2024 | 2 replies
Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary residence start from the date of death or the date the house was distributed from the trust?

9 March 2024 | 23 replies
I'd recommend analyzing 50 private placement offerings to gain knowledge and define your criteria for investing in them.Properly investing in syndications can be mostly passive but it takes upfront work and education to get there.

7 March 2024 | 9 replies
That would gain you an additional $200K of depreciation to take.

7 March 2024 | 0 replies
As the city continues to thrive and adapt to changing market dynamics, savvy investors stand to benefit from the opportunities that abound in this vibrant Gulf Coast community.

8 March 2024 | 8 replies
This method, though not as exhaustive as a professional CSS, is suitable for smaller properties and still yields meaningful tax benefits.

7 March 2024 | 6 replies
As a fulltime W-2 earner it may be hard to claim REPS status, but material participation, cost segregation, and other strategies could benefit you.

7 March 2024 | 4 replies
It can use new windows and kitchen cabinets (the current ones are still functioning fine) but aesthetically and for value purposes, could benefit from a rehab.

7 March 2024 | 9 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion.

7 March 2024 | 10 replies
This forum is an excellent place to gain valuable knowledge to learn and grow within real estate.

7 March 2024 | 4 replies
Just to gain some exposure to the field.