Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...

We bought our primary residence in 2018, lived there till Mid Dec 2020 and then converted that to Airbnb. We moved to a new state in mid Dec 2020 and bought our primary house there which we sold in January of this yea...

I'm surprised after reading this article:https://www.accountingweb.com/...Basically, if you have rental (or primary -> rental) and turn to primary, and then sell the property after live there for two years, the non...

Folks, hoping someone can clarify a few things about deferred gains for me. I'm in a 1031 as of a few days ago and I'm trying to figure out how much capital gains I would be liable for if I decided not to actually exe...

Here's one for the community:I currently occupy one unit of my duplex, while renting out the other.  I'm considering selling the duplex while it's still 50% personal residence.  I'm looking at a total gain on the prop...

What happens to the security deposit in this situation in state of Ohio 
tenant lease ended Dec 2021 but tenant stayed on month to month. Landlord continues to receive portion of sec 8 rent for tenant but tenant does...

Hello,I just purchased my first property in Dallas, Texas. It is a single-family home that I will be turning from a 3 to a 4-bedroom house that I'm going to be house hacking from Month 1. I was originally planning to ...

Hi
My question is: it possible to 1031 exchange my home that has a downstairs rental & my home upstairs and defer the taxes? And, also can I claim the $250k exclusion since I live there as well? Would like to s...

Im looking into selling my duplex and using the 1031 Exchange to purchase a property that brings in greater cash flow. DetailsMortgage - $350,000Appraisal - $550,000With this information I could roll the $200,000 "pro...

If I buy a 3-flat in Chicago and live in the top unit, can I depreciate the entire building normally as I would as if I was an investor who did not live in? If not, would I be able to depreciate 2/3 of the building?I'...