I'm guessing this topic has been discussed many times, but this is my first time with this problem, so I appreciate your forbearance.I have a rental with wall-to-wall carpeting. I had a tenant with a dog. Apparently t...

what is the reference date to determine long term / short term capital gains for a real property?Is it the actual payment date? the sale contract date? or the vesting date?I tried to look it up but found nothing concl...

Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partne...

I'm in a farm partnership with my father in law(fil) and my brother in law (bil).  My fil owns the property involved with the farm which he inherited from his father.  He wants to retire so I'm planning to buy him out...

Hello, I own a % of a family farm and would like to do a 1031 exchange with my proceeds once the farm has sold.  When the property is sold, it will be done in the family name and the proceeds will be distributed to ea...

Hello,I am planning to selling my investment property in NYC cost $721,000est. selling price $1,000,000mortgage left $350,000accumulated depreciation $100,000And buy an investment property with a value$400,000The rema...

I've listened to the podcast and the Medical Professional and target regions around hospitals seems to the do the trick. Jesse also talked about hitting up extended stays parking lot and finding Construction companies...

Hi,I purchased a SFH for rental purposes that needed a new roof. I spent $10k putting the new roof on and have been discussing its treatment with my accountant. Seems like he is of the opinion it should be added to th...

Greetings,My wife and I just got rid of our first (inherited) tenants, thankfully (we did a non-renewal of their month-to-month lease). However, they were on a nonsmoking lease (with the prior owner as well as the new...

I'm not sure if this is the best area to post these questions, but they've been on my mind. I'm curious about home maintenance from a distance. I'm still very interested in the turnkey in the Kansas City Market, but I...