I researched this a bit after having the thought the other day as I started planning to sell my portfolio slowly over time. I can offset stock capital gains with stock losses. Why not rental property gains?Basically i...
Hi all, I see a few different calculators out there but each one gives different results. Perhaps someone help or point me in the correct direction. I'll be selling my only rental soon and wanted to determine the capi...
So i came across this term "Passive losses" while reading a post on this website.I searched it on google but i still dont understand it ..What is passive losses?i am newbie so if you can give an example of it,that wou...
Hi, I have a property under renovation in Branson that we just purchased in January. I intended to rent the property, however; we are about to sell a home in Virginia, which will be a capital loss, and it has me think...
Looking for someone out there with some Canadian tax experience. My wife and I purchased our first rental property in 2016 and are wondering who should claim it on their taxes (Everyone files individually in Canada, ...
Hello all,I recently had to clear out a rental property and ended up selling for a loss. I just want to make sure I do everything right for tax purposes and hopefully recover some of the losses.I sold it for less than...
Good morning BP - we are currently adding to our educational content. What are your most concerning tax questions related to real estate?
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.
Hello, I am new to investing and from No California. We have a property in Olive Branch MS that we purchased 12 yrs ago and after many years of poor renters and property management, we are selling... (our 3rd close on...
Question for all you tax experts…..I sold a house using seller financing about 5 years ago. Not a contract for deed. Basically I was the mortgage lender. The buyer of the house could no longer afford the house s...