Michael Sweet
STR in Maui or Hawaii - anyone cash flow positive
Anyone making money on vacation rentals in Kihei or Hawaii?
any tips? location? condo complex? is it possible to run 4 or 5 as a job?tI would like to buy, rehab, furnish, and run enough to make a living?so far I only...
Austin Luepkes
The next market carsh
Okay, so as we all know the stock market has been on winning spree for quite some time now. With all time highs across the board, one can see why there is a bit of a fear that stock prices will come crashing down even...
Dave Holman
Depreciation for Syndication Sponsors?
I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
Ian Cruz
1031 for property co-owned with owner using as primary residence
Hi everyone,I was wondering if it is possible to 1031 exchange a SFH rental for a 50% interest in a 4plex (the 50% interest will be of greater value than the prior SFH, paid via cash + commercial loan, and both units ...
Jesse Stremcha
Capital accounts and book losses
My partner and I are in the process of updating our LLC Operating Agreement. Our attorney is recommending a provision requiring that book losses be allocated to member capital accounts AND that members must then make...
Kyle Meyers
Appraisal Fee Deduction
I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...
Gayle Eisner
can I 1031 Exchange owner/renter property?
Hi
My question is: it possible to 1031 exchange my home that has a downstairs rental & my home upstairs and defer the taxes? And, also can I claim the $250k exclusion since I live there as well? Would like to s...
Maria Salazar
Depreciation for multifamily but prinary residence?
Hi Everyone! Can one claim depreciation on a multifamily bldg if your primary residence is one of the units? Thanks!
Steve Hungerford
Can a Residential Property be part Investment(1031) & part Residential ? If so.....
Hello,
Here is the scenario. An investment property (residential-rental) that would be 1031 into a bigger more expensive residential property. Part of the property would be used as a primary residence and part as a...
Mark Rueda
1031 Exchanges & Mixed-Use Properties
I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...