When paying Capital Gains, do you pay both Federal (15%) and State (?-varies by state?)
I know, 1031 and defer...but thinking about keeping options open as to how to re-deploy...
Thx.

Hi BP,I have a question when you have over $500K in gain when selling your primary residence. Let's assume the big concern are the tax implications since the projected gain before the exclusion is $1.2M; see projected...

After doing this for 20 years, I have found that the 1031 rule is a potent tool for real estate investment professionals for several reasons.
First, deferring taxes means you can keep growing and diversifying your po...

I've had a rental property in Alabama for 12 years; and it's paid for; and I have received an offer/contract for $170,000. I would be interested in hearing your suggestions, ideas, advice, on how you would handle the...

I am buying a rental house with proceeds from the sale of a rental duplex.  I plan to renovate the house.  There is a possibility I will ultimately move into the rental and sell my current residence.  I know I would t...

I was having a conversation with a partner on some of his SFR properties in regard to depreciation strategy. He owns three SFR with a monthly cash flow of ~$2600. Two of the properties are paid off and one has a mortg...

Does anyone know how difficult it is to do a monetized installment sale as an alternative to 1031 for deferring capital gains taxes? My CPA and real estate agent don’t know anything about it, and I don’t know how get ...

Are you able to use the capital gains tax break when selling a triplex and using the money to purchase an apartment complex with 20 plus units?

I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are: 
Is the journal entry correct? 26K is quite a bit of reven...

Looking to better understand process for selling a investment property that has deferred tax through depreciation that has been refinanced recently to access equity for another investment opportunity.  When i sell i w...