I have question regarding bonus depreciation related to one transaction and the sales proceeds of a different property. I will use simple numbers for this question, assume everything transacts in the same year (2022),...
Hello All,
My apologies if this is a simple question. But I have to ask to gain some knowledge. my question is the following, I have a multi family home, I noticing online a lot of investors have there assets under a...
If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption? Or is it a binary designation?
Hello, we are just starting out our investment journey. we have one STR property and 1 LT property and I want to gain more knowledge of it. Any recommendations on real estate investing course or classes? Not free one...
As income gets tighter for everyone, it becomes all the more important to find ways to keep more of your money. Keep it working for you, keep it turning over in investments, and keep it from flowing away in taxes. Cap...
Hello fellow posters. I have an unplanned capital gain over several decades due to a property interest I inherited. I also have the opportunity to be assigned a debt owed to a professional services company. It is like...
In commercial real estate, a loss to lease refers to a unit being rented for below market value. For example, if there is an apartment community renting two bedrooms for $1,000 per month yet a tenant who has been ther...
I appreciate responses about this. I don't want to get dinged next year or whenever if I need to pay sales tax. I mean, I have paid my income tax but pretty sure Massachusetts wants a piece of the action!
I have a PML LLC and this year started to invest other people's money in RE besides my own. Is the money they make taxed as ordinary income or as Long or Short Term Capital Gains.EX: John invests $100K in my company...
I have my eye on a 10-unit property and I want to ask the owner if he would sell it to me with owner financing. I currently own the building next door, and the owner of the 10-unit has mentioned (in passing) that he'd...