I hope someone here is knowledgeable and willing to help me understand the new math.What's the difference in % (after deductions) taxable as capital gains in each scenario:Purchase House. Live in for 1 year. Rent for ...

I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...

Should TRUST owned MFs be excluded from direct mail criteria ?Thank you Gerald Donaire

I received this from my accountant in his newsletter. I thought it was worth passing along.

Nine Facts about Mortgage Debt Forgiveness

If your mortgage debt is partly or entirely forgiven during tax years 2007 t...

I'm looking to become an accredited investor to invest with David Greene. Nearly all of my assets are in LLC partnerships. Will I be able to use my portion of these assets in my net worth calculation to become accredi...

I am looking out to rent out half a duplex. I am living in the other half. Currently located in Indiatlantic FL. Given the age of the home and proximity to the water, the landlord’s insurance we qualify for is not tha...

I bought a list of 500 absentee owner leads from Listsource to try it out.  When I pulled the report of bank owned REOs, all 500 came up as being bank owned.  I've read so much about REOs being more complicated and wo...

Hi!  Is a Section 8 single family home supposed to follow California annual rent increase rule of 5%+ April CPI?  This is in Sacramento, CA which also has its own rent control rules which excludes Sec 8 from Sacrament...

Hey simple question guys/girls,When making business purchases on Amazon, do I deduct the taxes taken out as well, or exclude that?Thanks.

I'm thinking about moving in a few years. I would like to sell a couple of my investment properties and 1031 into a new house. I would in turn rent this house out for a minimum of one year and a day at market rates ...