Hi Guys, So I am trying to (finally) figure out the truly correct way to calculate my taxes on an underperforming 2-family property I'm going to sell soon (for purposes of below, I plan to sell in June 2015 and have ...

Ive had a few deals under contract, but i would like to get feedback on what I may be doing wrong that I have not been able to close any of the potential deals, also i would like to get information from seasoned inves...

As a background, I own, rehab and self-manage 20 rentals with no partners other than my husband (I do not manage properties for others - I'm not a property management company). I recently sat down with my attorney, in...

OK just found out we (my wife and I) have about 65K in passive loss carry over going forward. So being retired with 2 rental incomes that break even or only generate a little income we will not be able to apply much i...

While the article indicates that the definition as to who qualifies as an "accredited investor" maybe eased up, it may pose some challenges for those consuming the rule and deciding who a potential offering should be ...

I have a friend who was recently laid off and was looking to buy an REO in an OK neighborhood. If he buys it, fixes it up and decides he doesnt like the neighborhood in say 3 months time, and decides to sell, can the...

Hello all! I’m looking for a CPA to do my taxes that is knowledgeable about all things real estate. I’m a realtor and was asking my current accountant about depreciating my residential property and writing that off ag...

Remember that late 80s/early 90s song?  I'm guessing the Barenaked Ladies meant "tax free" million.  So, if you pay for an entitlement phase of a development (apartments, townhouses, single-family homes) and then you ...

I had situation this year that I'm not sure per tax code if the costs would be deductible or require depreciating.

Accessibility modifications, which could be wheel chair ramps, door widening, shower modifications. ...

Hi Everyone,Is there a way to avoid the significant impact of Capital Gains Tax on a quick flip and sell project?  I purchased a Triplex which I will be converting into Condos and selling each unit individually.  I lo...