Purchase price: $1,150,000 Cash invested: $200,000 Sale price: $1,599,000This beautifully renovated single-story home features 4 spacious bedrooms and 2 modern bathrooms, situated on a 9,000+ sqft lot in a tranquil cul-de-sac.

Another question:This pertains to the above commercial property.If a partner in an LLC dies, does the basis step up for a surviving spouse or other heirs?

This beautifully renovated single-story gem features 4 spacious bedrooms and 2 modern bathrooms, all nestled on a sprawling 9,000+ square foot lot in a tranquil cul-de-sac.

Hi Brad,It looks like you had lots of great answers already, but I wanted to chime in with my two cents.Using Traditional IRA funds for a down payment on a single-family home (SFH) investment property can be tricky because the IRS has specific rules regarding retirement accounts and real estate investments.

HelloMy husband and I are thinking about buying a family friends house that she inherited. We will be getting it hopefully getting it for a steal (around 950,000 ) in class A neighborhood but its worth around 1.2 mill...

Hello everyone, I am a homeschool mama of two teen boys and a 30 year Air Force spouse and veteran.

Purchase price: $122,000 Cash invested: $41,000 Single family home.

But if you want to maximize your deductions now or plan to sell the property soon, then using it now could be better.Also, if you or your spouse qualify as a Real Estate Professional for tax purposes, the losses could offset other income, like your W-2 salary.

How do you find roomates for a house hacking situation, 4 rooms and currently 3 are occupied in san antonio texas

Demo'd it and build a new 6,200 sq ft single fam. home (modular construction).