Any guidance would be most appreciated, so we can be better prepared for our tax returns next year.Thanks so much for your time !

Experienced investors typically value properties like yours by analyzing cap rates, cash-on-cash returns, and income growth potential.

Selling below FMV treats the difference as a gift, requiring a gift tax return (if exceeding $19,000 in 2025).

As loans are offered on preREO at a discount, a payoff or reinstatement would typically generate a good return for the preREO investor.

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.

Also there is an additional tax on the returns due to the financing. 

I have landlord policies for my rental properties in TX and AL states, but I am not able to get an umbrella policy form my current insurance company, because I do not have car insurance and primary residence in US, as...

A non-franchised Broker with six agents won't have professional training and resources, so a new agent won't be trained as well and will struggle to get started. 

I will return to this situation in the end of this post, but first let me show you why the age of a person can be tricky when it comes to the IRS.

I have a friend here who has about 140 houses right now, who I was discussing return on equity with.