We’ve been told by our real estate agent and by a lender that we can use the 1031 exchange for our primary, however, everything I’ve ever known about the 1031 is that it is ONLY for investment or business purpose, NOT...

Hi all,Im new to STR and looking forward to learning and contributing on this forum. Ive got my first property in West Palm Beach and as part of that I need to collect TDT 6% of total taxable rental receipts. Does any...

Hello,I am currently in a 1031 exchange build to suit. I have already set up the EAT and currently doing construction. The construction is paid for by me and not through the EAT. My construction will cost enough to me...

Cost Segregation has been a hot topic the past couple of years. But what is it exactly?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be d...

Congress, US Treasury, and the IRS have been involved in a flurry of activity at year end. Congress passed the Taxpayer Certainty and Disaster Tax Relief Act which is effectively a tax extender bill, and then also pas...

Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?

Hi everyone - are there any economical solutions to cost seg studies for SFR's?Thanks, Jonny

Thanks in advance for reading. We are selling our condo and our accountant insists that we are not exempt from capital gains.
We purchased in March 2016 and lived in it 3.5 years until it was rented out for only 18 m...

Hi,I currently own two investment properties in the Bay Area. I would like to sell one, which I own outright, and use the cash for down-payments on several more investment properties. I have an 800+ credit score, but ...

I am filing my taxes using TurboTax Home & Business and I'm filing later than normal specifically because of this issue that the TurboTax hotline has been unable to help with. This is probably the last year I try ...