Armeen Mazda
Depreciation recapture and passive losses when selling property at a loss?
I have a rental property with the following situation:-$155K of passive carryover losses-$100K of depreciation taken-$700K adjusted cost basis (purchase price less depreciation)- $775K net sale (selling price less rea...
Justin Brin
What other kind of income can I deduct with Rental Real Estate losses?
What other kind of income can I deduct with Rental Real Estate losses?If lets say I have $50,000 paper losses from my real estate can I use it to deduct short term capital gain? What about other types of "passive inco...
Erik Pacpaco
Donating property to charity
My mom bought these vacant lot properties in Phrump, NV and Kingman, AZ 15-20 years ago thinking that they would appreciate in value. At the time of purchase, it seemed that they was promise of the place doing well an...
Tarah Fernandes
Today’s owner financing rates
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
Cameron J.
1031 or Cashout Refi
I have a rental with long standing tenant that cash flows ~$350 a month. Ive been thinking of about selling and doing a 1031 to roll the equity into 3 new rentals (2 net new) which would effectively triple my cashflo...
Sam Dal
Passive capital gains
Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024. There are some accumulated passive losses but not much. Can I sell some of my stock he...
Margaret Jay
Depreciation and tax deduction questions
Some questions for investment property: 1) when you buy a house, does the 'clock' on the 27.5 years start over, regardless of when the previous owners bought it?
2) what is a ballpark building vs. land ratio to use w...
Tim Linford
Rental depreciation recapture and capital gains tax
Doing some tax planning and was I was curious if anyone had insight on this scenario. I am an "Active RE Investor" so I apply all my rental losses to offset my ordinary income as a " RE wholesaler". (hope this is ok...
Christian Espinosa
Can Depreciation (as RE Pro) Offset LT Stock Capital Gains
I have a situation where I plan to sell stock that is subject to long-term capital gains (20%). I plan to qualify as a Real Estate Professional.
Can I use the bonus depreciation I get from cost segregation studies on...
Prashanth Ven
Tax loss harvesting
Hi Experts,Thinking of selling a rental investment that will probably be at a loss, it also had passive losses. Can I offset any of the below with these losses:1) Short/long-term capital-gains from stock sale2) W2 inc...