If I have this right. I have a house I have lived in for 2 years that is worth 500,000 and I have to pay taxes on any capital gain off a property that is over 250,000. Can I Cash-Out refinance the Property to where I ...

I negotiated the sale of my interest in an LLC that owns an apartment complex last December.   The buyer/deal sponsor wanted to do it 12/31, and I suggested we do it first week in January so I could defer my tax on th...

For context: I have successfully "flipped" three houses in the past 7-8 years, all of which were my primary residence. I'm about to receive the contract on a SFH in NY state (buying outright with cash) with the plan t...

I have a rental property in service and depreciated since 1993. Purchased for 110, selling for 146. Don't want another rental right now, so 1031 to a rental not what I'm considering.What are issues with 709 generation...

Haven't heard much about the change in capital gains tax. Will it affect income property, or just owner occupied?
If Cap Gains on income property is eliminated, does that mean I would not have to pay tax on the sale ...

Selling an investment property can feel like a double-edged sword. While it's exciting to cash in on a successful investment, the looming capital gains taxes can significantly cut into your profits. For savvy investor...

I'm looking into purchasing some property in my area and my new to investing. After reading, watching many video and gaining a ton of point of views on investing, I came across this question....Can I legally enter int...

A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property.  It is to be setup as a structured allotment sale over ...

Hi,We have a full Duplex (investment property), and wondering what are the tax consequences if only 1 of the 2 unit is sold? How are depreciation recaptures,  capital gains etc are calculated ? What happens to outstan...

Hi, I want to purchase the home I am renting.  She is a good friend of a good friend of mine. She purchased home in March 2021, so she can't sell right now and won't - I've asked. I'm working on building my credit an...