Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...

I have a really good deal in a hot area in San Diego.The seller is motivated, the home she inherited and it is currently vacant as she lives in another city and the last tenants moved out. I have built the rapport wit...

Hello,1. If I do a 1031 exchange on the rental property I buy will I be able depreciate for another 27.9 years?2. If I sell my property and I dis 1031 exchange properties before will I have to pay depreciation on all ...

Have a question I can't find an answer to. I just bought a house that I am planning to rehab and sell and hopefully profit enough to pay cash for another with those profits and then rent the second one. This is not...

I have a former residence (condo) that I held as a rental when i moved out about 15 years ago.  About 10 years ago i refinanced the property to take cash out.  Now I would like to sell it and purchase something bigger...

First, depreciation is a short-term benefit. It puts extra money in your pocket every year while you own the property. But, when a property is sold, previous depreciation deductions taken from the property will have...

I'm doing a 1031 Exchange.  I'm right in the middle of the 45-day window to identify. I haven't yet found anything that gets me too excited yet and I'm feeling a little stressed about it. The whole thing could blow up...

I'm interested in putting a property for sale into a DST Deferred Sale Trust. Since the proceeds of the sale is placed in a trust. The trust then reinvest those sale proceed, and the investor can be paid from the inte...

I have done a lot of google searches and how I came to this web site.  Some answers but still confused.  Here is my situation:We own a rental condo that has been in full time rental for a number of years and took depr...

hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method?  Please say YES!!