Steven Chen
Made 800k in stocks in 2020; real estate strategies to lower tax?
The 800k have all been cashed out from stocks and are all short term gains. Should I buy several multi family houses in this economy that might experience a recession, and cost segregate it to lower my taxes? Or shoul...
John Rossi
1031 Exchange on commercial properties
I purchased 3 office buildings as a package back in 2006. I'm selling them individually and have the first contract. Can anyone tell me generally about the tax consequences. I will be taking my taxes to a tax accou...
Eric Stiegel
Is this transaction 1031 eligible?
I am considering selling a rental property that I have owned for 10 years and immediately (within 30-60 days) buying a much more expensive rental property. Wondering if a 1031 exchange is possible and if it would be ...
Joe Szymczyk
Lower taxes to the max when selling...depreciation
HelloLooking at personal house and rentals and depreciation...I havent sold yet....I have a few rentals that I have been holding....when it comes to sell...how are you guys lowering taxes to the max?On depreciation......
Sastry Srini
1031 Exchanges - multiple properties
Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...
Kevin Lewis
Avoiding capital gains tax
I took out some equity on one of my investment properties in 2015 and I am buying another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?
Dave Peterson
Opportunity Zone Loophole?
Forgive my ignorance here. I'm just getting started in investing, so this topic may be old hat for a lot of you.I'm wondering if I were to do a 1031 exchange to a property in an opportunity zone, would I never have to...
Christine B.
Can we take advantage of IRS Section 1031 and Section 121
My husband and I bought 30 acres in 1994 (undeveloped) for $119K and in 1999 we built a home on the property for $200K. We have been approached to sell the property to a developer with 3 proposed scenarios:1) sell 25...
Terry N.
Paying Capital Gains Tax
When paying Capital Gains, do you pay both Federal (15%) and State (?-varies by state?)
I know, 1031 and defer...but thinking about keeping options open as to how to re-deploy...
Thx.
Vic Caldwell
Doing a 1031 within my SDIRA
I just did my first 1031 exchange selling a single family and buying a 4 plex. I did this outside my SDIRA (Self Directed IRA). It got me thinking about using the 1031 exchange within my SDIRA. Here's my thought proce...