Hello All, I came across Opportunity Zone topic while chatting with someone and wanted your thoughts on it. Here is my situation, I am selling a (Multifamily) property in Ohio to bring my next investment(Multifamily a...
Has anyone heard of these or done one? I am selling my business and am looking at doing one of these to potentially defer taxes for 30 years. Any feedback would be appreciated!
I purchased 3 office buildings as a package back in 2006. I'm selling them individually and have the first contract. Can anyone tell me generally about the tax consequences. I will be taking my taxes to a tax accou...
The 800k have all been cashed out from stocks and are all short term gains. Should I buy several multi family houses in this economy that might experience a recession, and cost segregate it to lower my taxes? Or shoul...
I am considering selling a rental property that I have owned for 10 years and immediately (within 30-60 days) buying a much more expensive rental property. Wondering if a 1031 exchange is possible and if it would be ...
I took out some equity on one of my investment properties in 2015 and I am buying another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?
Newton's law of tax:
What goes down must come up.
Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?
A post on recapture:
People are concerned about recapture when they cost...
Forgive my ignorance here. I'm just getting started in investing, so this topic may be old hat for a lot of you.I'm wondering if I were to do a 1031 exchange to a property in an opportunity zone, would I never have to...
My husband and I bought 30 acres in 1994 (undeveloped) for $119K and in 1999 we built a home on the property for $200K. We have been approached to sell the property to a developer with 3 proposed scenarios:1) sell 25...
Are there any other benefits to a 1031 exchange other than tax?