Seeking advice here on the best approach, any gotcha's that I'm missing, and overall sanity check... My business partner owns a residential property in Seattle outright (the title is in their name and they paid all ca...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned th...
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. ...
I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...
While I am saving for my next property, how can I put my money to work? If a Down payment is 10k it will take me about 10 months to refill and buy another, how can I put my money to work to speed that up? Also are the...
Question for all the licensed agents and / or Ohio RE attorneys on here.A colleague of mine is working on a case and he's asked me a question I've never heard before. The question is, does a licensed Ohio realtor have...
Hi Guys , first off I appreciate any insight given, so thank you in advance. I kind of had a snowball year with my income and it wasn't expected at all. I am dreading the taxes that are going to hit me. I ended up sel...
Does anyone have property in a country they do not live in? This interests me for several reasons.1. My wife is from Brasil. She currently has land in her name, and will ultimately own a house there (shared with her...
Is there a tax deduction/protection strategy for a 67 year old to hold a note on a capital gains tax? For instance will the seller pay less in taxes on the income he makes from 3k a month as opposed to a bulk payment ...