I see lots of investors taking advantage of accelerated and bonus depreciation to offset or significantly reduce their tax exposure on their sales.Happy to elaborate.Happy hunting!

While there's no evidence of a price reduction, rising interest rates will reduce the amount of competition.

When you and your sister get the property in your names, you you can do a cost segregation on it to reduce your tax liability and that will help offset some of what you have to pay sister #3. 

Also, buyer's were informed by their lender that their loan is about to expire so they would have to be approved once again.Buyer has 3 little girls all in grade school so you can imagine the stress and inconvenience this has caused them. 

or if I can let the local FD use it as a training/test burn to reduce the amount of debris that would need to be hauled off to the landfill.  

With the stress of the holidays looming, I thought it could be fun to share the lighter side of real estate.

Each should reduce costs on the property and add value for our tenants.

May be a way to move all Schedule E income into a new LLC (partnership with spouse) and then pay CA state tax from that entity and then deduct that against the rental income, thereby reducing the pass through rental income from LLC into federal returns?

Do I go back and adjust these amounts (restating my income statement) or do I just make an adjustment in November for the $1,000, basically debit property tax payable (reduce a liability) and credit WHAT? 

I know I am going to word this improperly but is it possible to wrap the new purchase and the older property on the same mortgage and use the equity to reduce the down payment of the new purchase?