Hi–I'm looking at buying a 4plex in Solano County (outer Bay Area, CA) for ~$350k. The price has dropped once already primarily due to some pretty substantial deferred maintenance that the seller doesn't want to deal ...

I just heard of opportunity zones. What is it ?

Hello BP!I'm trying to file 2022 (I know, I'm late) and I have a question on flexibility in deciding when I can use capital losses. I want to take advantage of the 0% LTCG rate up to 90k-ish MFJ + standard deduction, ...

How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...

I am ready to cash out of a highly appreciated property.  My attorney put together a plan he is confident will work but I believe this is the first time he has done this so I am reaching out to all of you for critique...

I had a property that burned down in a wildfire last week. I will have an insurance payout, which I will use to rebuild. For tax purposes, here is my general understanding:The land value on my books will be unchanged....

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $2,000,000

Cash invested: $560,000

This 40 unit value add investment presented us with an opportunity ...

Looking for advice on this property 7 unit which needs to be converted back to 5 as city only allows it to be zoned 5 unit. 4 units and a small commercial space (hair salon)currently set up as  1- 3 bedroom  1- hair s...

Considering selling a CA residential building lot, which is now maybe worth much more than I paid for it years ago.
I would be doing it via a 1031.
I'm not sure how to ask the question so pardon my stumbling here:
The...

What happens when you decide to stop buying properties? Won't you have built up and built up an incredible amount of taxes you will need to pay? Is it better to pay as you go? You'll need to pay eventually, right?