Philip Ganz
Combining a Cost Segregation Report and a 1031 Exchange
Has anyone Combined a Cost Segregation Report and a 1031 Exchange? What is the upside? The downside? Any recommendation for a cost segregation report?
Julie DeStefano
When a 1099 is required
I'm trying to get some clarity on when you need to file a 1099. I was under the impression that any time you hire a contractor for an investment property and pay $600 or more you must file a 1099, but I came across t...
Ted Akers
Dump the Big Banks?
Thought provoking video. Bill Moyer says "Not to Big to Fail" - dump the big banks. What do you think?
http://www.linkedin.com/e/plh/http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DKaFJoGMVcGU/wrNn/
...
Jorge Vazquez
Hurricanes aren’t what’s driving up insurance rates in Florida.
Hurricanes aren’t what’s driving up insurance rates in Florida. Something something else is. From my own experience in real estate, I’ve seen firsthand how the insurance game has changed, and it’s not because of storm...
Account Closed
Is the 1031 Exchange in danger?
I'm reading a few things that say 1031 exchange may be on the chopping block as part of Repubs attempt at tax overhaul. Wondering if anyone knows more? Is this really true it could go away if their reform passes?
Alexander Sergov
House Passes Bill Hiking Taxes for Many Homeowners
Congressional tax reform bills. Today, the House passed a bill that would reduce the value of the mortgage interest deduction, eliminate the deduction for state and local taxes, and cap the property tax deduction — in...
Eddie Ziv
The terrorists won!!!!
The TSA is out of their mind!!! They don't even know what to do anymore. This organization is so reactive (instead of proactive) that it become a sad joke. I would not be surprised if their next step would be to ban w...
Jen Wells
HELOC for rental downpayment
Hi All,Debating a HELOC on my primary residence to obtain funds for a downpayment for another rental property. Does anyone know if the heloc interest would be deductible under the new tax reform given this situation?...
Matt Crusinberry
Personal Residence & Capital Gains on tax bill (2018)
I was wondering if there was a CPA out there that could clarify on the new tax bill that was recently passed. Is there any exclusions that have been added to the capital gains portion for personal residence. My perso...
Mark Douglas
Removing 1031 Exhange 2017?
Came across this article from IPX 1031. Is there a chance this could go away? https://www.ipx1031.com/the-republican-blueprint-for-tax-reform-poses-threats-to-sec-1031-and-real-estate/