I am trying to understand the calculation of Capital Gains on a South Florida property I now solely own. I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed. The ...

Hello BP,I have some questions regarding probate. My uncle passed away a few months ago, and my father has been granted executor through probate. My father was already half owner of the property and now assumes the en...

I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...

My wife is selling her veterinary practice (both the real estate and the practice). Is it acceptable under IRS rules to do a 1031 exchange into a single family short term rental property? I’d love to avoid capital gai...

If a seller, who files taxes as "married filing jointly" and has owned their primary residence for over 2 years without any outstanding mortgage, wishes to sell their property for $750,000 and agrees to finance a seco...

I'm currently in talks with a Senior Owner to buy his 10 Unit Rental Property through Seller Financing. i have couple of questions Regards to tax benefits to him. so I can speak more Confidently about this deal.
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Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building. 

I'm unsure whether the house will become an ...

How does capital gains tax work for a land contract sale?

If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.

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In a mortgage foreclosure, if the owner being foreclosed on has federal tax liens filed against him, will the property remain subject to all or a portion of the federal tax liens once a foreclosure sale is completed?
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I have purchased a few properties at an auction and selling within a month at a profit using installment sale. I'm a Texas LLC setup as Real Estate Holding Company.My question is will I pay a higher tax on the sale b...