I have a single family rental property that has been rented for two years. I've done the normal long term depreciation of the property.My question: Can I do a cost segregation even though in previous years I've taken ...
I am going to sell some property and am wrestling with whether to 1031 or take the tax hit and sit in the cash.
1031: Buy real estate now with tax deferred proceeds and cash flow now with 100% of the proceeds.But whe...
Hi there, I'm fixing to sell my single family rental soon. I bought it with an FHA loan, lived in it one year and rented it there next year. I know if you own the house at least 2 years and sell it you don't have to p...
I'm an investor based in Denver, I own one duplex so far, and it is a goal of mine to acquire a multi-family property of 5-20 units this year. I'd love some input on good regions/cities to look into multi-family in 20...
Hello! My duplex in north jersey is 100yrs old, and it has steam heat/radiators. The gas line isn’t split out, and unfortunately only the first floor tenant has access to the thermostat. The top floors don’t heat unle...
Hi everyone! I just sold my Indiana rental property on December 5. I purchased it in 1994 and lived there until 1999. I then moved and rented it out until 2003. I then moved back in until 2004. It has been a rent...
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 s...
I wanted to post this because I don't think a very high percentage of investors are aware of an option they have to get a much lower interest rate when they buy or refinance investment properties. (We have been invest...
Hello, we have $300,000 saved to play with. My husband and I don’t know what to do. We live in Orange County, CA. We are currently renting a 2bd and need to move to a 3bd because of the new baby. Right now our rent is...
Wife and I are ready to put an offer on a home we are in love with. We've been watching the market for months and this home fits our needs the best. The home has been on the market over 100 days, has "motivated sell...