Pankaj Kumar
How to defer/avoid capital gains tax on sold rental property
Hello All. I am new to the forum. Looking for guidance in relation to the sale of my rental property. I became an accidental landlord 3 years ago. I went to work for a company 3.5 years ago and bought a new constructi...
Anssi Viljanen
First personal residence with an interest only loan?
Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.
The advisor suggested that for my personal residence I should buy a house ins...
Bob Willis
Use of property purchased using 1031 funds
Hey All - I currently live in Nebraska. I own a couple of properties in Arizona that were purchased using 1031 funds and are being used as rentals (one LTR, one STR). I have held both for a number of years. My wife an...
Alex Cabej
Moving into a formerly tenant occupied unit
Northern NJ. Bergen county. Hi all. Hope everyone is staying safe these days🍻.
One of my tenants moved out. Currently the building is a under a fixed 30 year investment property (residential) mortgage. Because i...
Joseph M.
1031 Exchange into a Fund Like the Ones on Fundrise
Can you do a 1031 exchange from a rental property into funds like the ones on fundrise.com?
Evan Loader
Depreciation recapture question
I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...
Kurt Zarwell
Cost basis of owner-occupied duplex with improvements
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
Curtis H.
Capital Gains on Primary that turns into a rental?
Quick question, If I have a home that I lived in for two years and then moved to another home (while leaving the first as a rental), have I lost the chance to sell the first home without capital gains tax since it's n...
Alvaro Narino
HOW DO I SELF DIRECT MY IRA?
ANYBODY HAVE GOOD OR BAD EXPERIENCES WITH SELF DIRECTED IRA INTO REAL ESTATE? GENERAL THINGS TO THINK ABOUT?
I WOULD BE DIRECTING INTO RAW GROUND THAT I WILL SUBDIVIDE IN 2 YEARS. MY THOUGHT WAS IF I COULD USE MY S...
Daniel Murphy
Cost seg & STR loophole from a financial planners perspective
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...