Hey Investors I have some questions and maybe some of y'all with more experience could point me in the right direction:1. Wife and I have paid a lot of federal income taxes in 2021 (W2) and was wondering if anyone has...

Hi. One reason I am exploring investing in real estate rentals out of state (I’m in CA) is to offset realtor commissions. Please correct me if I am wrong, but it’s my understanding paper loses from a rental can reduc...

From a tax perspective is giving a buyer a credit (for repairs) same as putting amount in an escrow holdback? Would the escrow amount count as selling cost and hence my taxable gain? Or does it act more as repair/impr...

We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...

I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...

I am looking at purchasing my first property, a duplex, to live in and rent for a few years. Eventually I will move into my own place and keep the duplex as a rental.  I have the option to take physician loans which r...

Hi everyone,
I plan to sell a house and do a 1031. Are there any tips to avoid out of pocket expenses? Ideally I'd like to find ways to pay for expenses without having to pay from my own
- $12K roof repair before se...

I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...

I am currently house hacking and occupy nearly 50% of the square footage. Our unit is also going to be the primary rental unit when we move out and will pull in the majority of the income. Our unit has been kind of ru...

I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...