Hello and thanks ahead of time for any answers you can share!
I hold a first mortgage note on a single family home. When I go to sell it to a broker, do I have to pay taxes on the sale? The note is 3 years in...
Hello everyone,I live in California but I recently sold my rental property in Ohio. I experienced a loss in terms of property sale and operational costs (managing and maintaining the property etc). Does anyone know wh...
Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
I was speaking to someone about there rental property and they mentioned that if they sell one of their rental properties after they retire or have of income of less than $33k a year that they do not have to pay capit...
How are 1) cash flows and 2) any equity gains upon disposition treated in multifamily syndications? I've never been through one round-trip.My understanding is this: the cash flow distributions are not taxed because of...
I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright. I have suspended loss carryover associated with the property. I often see general guidance such as follows: "If you ha...
When a real estate syndication is sold and you still have loss carryover from initial year 1 depreciation (cost segregation), can you use it to offset ordinary income on the year of the sale? And how? (assuming not r...
I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
I am wondering what happens if the expenses towards a rental property exceed the amount you get in rental income, what happens that that excess dollar amount? I am currently house hacking (living in one unit of a dupl...
I am currently doing 1031 exchange, and looks like we won't be able to close one of the properties we exchanged. The 180days closing deadline is next week. It's a long story, how we get to this point. My question is,...