If a property has used all depreciation, What is the next move one should consider?  Sell and do a 1031 Exchange?

Hi, I own an unimproved lot and capitalize HOA fees and property taxes every year to increase the property basis by amending my taxes and adding something like the following “magic” text as required by the IRS:
“For ...

Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?

Hi all,
I was hoping I could get some general info about taxes from note income and how it's supposed tp be handled.
I'm getting into creative financing, and plan to originate several notes (yes, I'm aware of Dodd-F...

Hi all,
Wondering if there is a way to get out of paying capital gains on selling a second home for personal use. This is for my mom, who has been a snow bird in Port Richy, FL at this property for a little over 6 mo...

Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...

Hello,can someone share their experience and advise on investing as Individual vs LLC for crowdfunding equity and debt deals?I am finding difficulties with understanding the topic, the way I understand it if you form ...

I am a 64-year-old landlord with 2 condos adjacent to a medical school in suburban New Jersey. For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.
Why would I wa...

Sold home(2) that I inherited, I'm in Texas, i don't qualify for capital gains tax as I already have a primary home(1). My question is how can I avoid the capital gains tax on home(2)? I was thinking about buying new ...

I live in California and own a rental in Washington state. When I sell the property will California tax me additional on top of the 15% federal capital gains tax?