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'...

Can I rent out a couple of room of my house and do 1031exchange after 3 years

Hi,

I ran across a property that I initially thought would be a lease option. The house is extremely nice 4300s/f house in a great neighborhood and the retail prices $360K. They seller decided at the last second of...

Does anybody have any experience investing in Cleveland?  Im really liking the price to rent ratios there.  Are there things I should be looking out for before pulling the trigger? Bad neighborhoods, section 8, crime ...

Does anybody know if the $350k/$500k Home Sale Tax Exclusion applies to commercial apartments or is it limited to SFH, condos and apartments with up to 4 units?

Hey everyone!This will be my first post so i apologize if its being stuffed in the wrong area of the Forum. My name is Chris, I just purchased my first home at 26 as a personal residence. Ive always been a believer in...

I've come across a situation where an owner has (2) vacant lots next to one another where they'd like to build (2) new homes and sell them.  They have no experience with a project of this magnitude or any construction...

Hi

Could someone help me the following - As a passive investor, how does one claim the depreciation/losses from the investment property? For example - if expenses are more than profits and you have a net loss, could ...

I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Qui...