Biden's tax plan is set to eliminate the 1031 tax exchange.

We are interested in CPAs who have a good understanding of the unique tax and financial challenges faced by real estate investors in our area. 

My property taxes go up with no logical pattern (confirmed with other Indy investors) whereas my California properties go up 2% a year (Proposition 13) from the original property tax basis. 

In Columbus, OH, a recently launched co-living complex has become a case study in success, by achieving full occupancy ahead of schedule and generating buzz for the innovative amenities and community-focused design.

The advantage to the seller can be the seller will pay taxes on the amount sold plus will receive the remaining amount in 3 years time, please talk to a Real Estate Attorney/Tax Adviser to confirm the advantages for the seller carry.

And if you've lived in it for 2 out of the 5 years prior to sale then you'll get to take the first $250K ($500K if married) of profit from that portion tax-free.  

But TurboTax won't move my losses from Schedule E to Federal Taxes. 

This accelerates depreciation leading to additional tax savings and cash flow.Historically, a cost segregation study has been a very manual process completed by tax experts and specialized engineers.

There is a meetup group in Colonial Heights next Tuesday that I am scheduled to attend.

.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.