Can you offset depr. recapture with carry forward losses on sale of a Rental property for a Non Real estate professional ?Example (putting non depr. land value aside) :Purchase price - $100,000 Selling Price - $125,00...

Hi,Had a quick question to confirm I am understanding how passive activity losses and depreciation (and depreciation recapture works). Please see below hypothetical example. Assuming I bought the below property and so...

Let's say I made a 100k passive LLC syndication investment #1 a few years back. It sold this year with 10k of total cashflow and 50k of appreciation. If I invest in a new 100k LLC syndication deal #2 this year and it ...

My parents bought a house 10 years ago before the bubble.  They bought it for $180k.  They rented it for 10 years.  Now they sold it for $195k.  What is the capital gains?

Situation: I am a new real estate investor and don't have an LLC or a formal business setup yet. I tried to purchase a multi unit home from auction.com but ended up losing my deposit ($60,000) since we found out that ...

Do rental losses need to be used in the same year?Example: $15k in personal income but also $12k in real estate losses.If there's enough deductions to not pay tax on the $15k, then what happens to the $12k rental loss...

Hi BP Team,Hoping there is a tax professional out there that can address my question.  I recently realized a significant 1231 loss.  I understand there is a 5 year carry over on this so if i realize any gains those ga...

I invested in a syndicate that shows 1231 gain due to sale of some of its properties. Some of the other properties in the syndicate have not been sold so it is not final K1. This shows up in box10 of K1My CPA says I h...

Hi there!  I am interested in how rental losses work if income is over $150K and if not a real estate professional.  First, I suppose that these losses can be carried forward but how are they eventually taken?  Only i...

Hi BP members,I am looking to sell multiple SFH investment rentals, some that have will have positive capital gains, while others that will have some negative capital gains (just the situation that I am currently in)....