I've never done a 1031 exchange before and have a couple basic questions.  FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...

I recently used a personal HELOC to purchase a flip house then rehabbed and sold the house. I decided to use a 1031 exchange for the tax advantages and our accountant told us we can’t use any of the proceeds to pay ...

The richest people in the world are those who are able to make their money work for them and grow even while they are asleep.
While there are many investment options like Stocks, Certificate of Deposits, and Bond...

Hi,My parents own a rental property that is paid off and they are thinking of selling it. However, I'm not sure if 1031 is possible or better.Option 1: they lived there as primary residence for 9 years, then rented it...

I wanted to buy an investment property for rental. my payments on my primary residence will hit the limit for mortgage interest and property tax deduction under the proposed GOP tax plan.But as I recall doing my taxes...

It looks so easy! Buy a house, make a few cosmetic fixes, put it back on the market and make a huge profit. At any given time there are half-a-dozen shows on television where good-looking, well-dressed investors make ...

Hello, just closed on a new house. If i were to airbnb it out for the last few weeks of December, would i be able to use the short term rental loophole to do bonus depreciation on the property (with a cost seg of cour...

My uncle passed away and left his house to the family trust where my dad is the executer. My dad wants to sell the house to an investor because he wants it off of his plate. I want to be that investor and flip it. I'd...

Just saw this article and scratching my head why I wasn't presented with this as an option for capital gains by my CPA. Is this something brand new? Can funds be invested retroactively in opportunity zones?http://www....

Hi BP Nation,It looks like the recent gains in property values in the Mid West region  will be sustained in  2016. According to new report published by the Wichita State University Center for Real Estate for Kansas Ci...