Last year August 2016, I purchased a condo through a tax sale. It has a one year redemption period. So, I'm waiting to do any repairs to the property. Last week, I received a notice from the property manager of the HO...

If you're like me and you're always waiting on pins and needles to see the damage on your Cook County rental property taxes... They're available as of yesterday on the cookcountypropertyinfo dot com website. I imagine...

For the past 4 years I have been investing in Commericial Real Estate and Land in Los Angeles, California. I did do one tax return in 2012 using turbo tax but I never bothered after because I was making more expenses/...

Can unused passive losses carried forward from prior tax years be used against active income in the current tax year, if the taxpayer has qualified per IRS rules to become a "Real Estate Professional" in the current t...

Hello
everybody,

I
have purchased a single family home in October 2020, with a
cash offer.In
January 2021, I asked my property manager to pay my
property tax of about 2,000$, she accepted and has paid with...

I own a rental 3br 2ba rental income home in Tempe AZ and I'm considering scenarios after my renter just gave 30 days notice. Can I do a 1031 exchange on a rental? Also, do I have to live there for two years

in or...

Hello, This past Summer my brother in law and I added a vacation rental to our portfolio.  I have been listening to podcasts and they mention cost segregation studies and bonus appreciation and there is even a STR loo...

Hi, On a Tax Deed property purchased from State of Alabama, if I  want the previous owner to redeem do I need to file Ejection Lawsuit prior to his redemption? ?If yes, then within what time frame??Thanks... 

I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...

I am buying a rental house with proceeds from the sale of a rental duplex.  I plan to renovate the house.  There is a possibility I will ultimately move into the rental and sell my current residence.  I know I would t...