Good Afternoon,My girlfriend bought her first single family house this year in the middle of October.  She renovated it over the winter months and has a lease signed starting March 1st.  There were relatively signific...

Hello,I bought a new primary last year and rented my earlier home as I am able to cashflow $200 per month (this is thanks to 3% interest rate). If I sold the unit today, I will walk away with $100K in profit after age...

Hi all, Last year was the first time I started flipping houses.. on one of my houses I took a pretty hefty loss after selling it and was curious what avenue I take (what form/schedule...) that I utilize to file for cl...

Hello! Can anyone suggest what we could do to reduce the taxes on the significant capital gains from the sale of our property this year? Unfortunately we were not able to perform 1031 exchange due to lack of time and ...

Flipping channels, watched 5 minutes of JB’s first campaign rally.  Says eliminate stepped up basis on capital gains to help lower cost of education.

So my brother wants to partner up and fund 100% of the down payment for all the deals I find. We would both be on the deed. Would this trigger an tax implications? Would this count as a gift?

All,My husband and I own 28 rent units in another state. I co-manager these with my father-in-law. He is local and does showings and maintenance, and sends apps to me for processing. I do the advertising, and have to ...

I am selling a rental house that I have used as a rental for 20 years so I have a lot of capital gains.  I intend to do a 1031 Exchange and buy another house which will be as a seasonal rental.  I would intend to rent...

Here’s the scoop…I have a CPA, but he didn't provide me the answer I wanted and/or think is logical when it comes to the topic of claiming "Partial Disposition", so I wanted to put it out to y'all.  I'm a business own...

I have a condo in NJ which I bought for a brother 10 years ago, using his money. Now he wants it under his name. He wants me to add him to the deed and then do a refi on his own to pay off what's owed, and take me out...