Juan Ayala
1031 Exchange-FL Sale Invest Property to TX Invest Property
BP Family,Seeking some unofficial advice and definitely plan on validating with a CPA before execution. I have a property in Florida that i am trying to avoid paying CGT on. I would like to do a 1031 exchange and purc...
Brock W.
buying property vs renting existing primary - tax differences
First time poster. I've done some reading and searching through the forums but haven't really found the answer I'm looking for (i'm sure it there I just can't find it).I know this is common inquiry but like I said I'...
Kevin Futrell
A fourplex (1031) into a single-family home
If I sell a fourplex, roll the gains (1031) into a single-family home purchase, rent it out for a couple years, then live in the house for two consecutive years, can I completely avoid capital gains from the fourplex ...
David Chau
Lenders won't accept capital gains as a source of income.
Hello, I'm in the market for an investment property and have came across a major roadblock with lenders not accepting my 4 years tax return of capital gains from my Cryptocurrency investment business. I am under the i...
Bang Tran
2014 tax for flips
Hello everyone, I have a capital gains tax question. I purchased and flipped a house April 2014 and sold it in September for a profit. I turned around and bought another house in December and sold it in January 2015. ...
Account Closed
How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Annie Bignon
Thinking of selling home yet concerned about tax burden
We have a lot of equity in our home and want to relocate. We lived in it for 1 year and then rented it for one year. After the renter we moved in again and have been living here for 18 months. My question is, can w...
Doug Hancock
Can you 1031 into an Opportunity Zone Fund?
A lot is being written about Opportunity Zones and many small and large investment firms are currently setting up and funding various Opportunity Zone ventures throughout the country. I have several "management" inte...
George P.
Tax lien -> foreclosure -> quick sale of the property ... Income Tax Liability?
Situation... tax lien purchased with the intention to passively earn the interest (btw interest is taxed as regular income). Fast forward 1 1/2 years, the tax lien is not redeemed and the underlying property is acqui...
Cameron Lee Brown
Need advice on filing K-1 for non-state resident
I am a Tennessee resident and have invested in a syndication of a multifamily property located in North Carolina as a limited partner. The LLC that bought the property is incorporated in Arizona. I received an Arizona...