Is it possible to do a 1031 exchange on a property I wish to owner finance, after say 3 years. This way I can minimize the tax in the short term and give me some time to find the next deal, and also let's me defer t...

For short term rentals, do you think it's best to go with Schedule c or Schedule e when filing your taxes? I can't seem to get a clear guideline between these two. For the EY guidebook, it appears that C is when you p...

I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...

Investment Info:

Large multi-family (5+ units) other investment in Salem.

Purchase price: $361,800

Cash invested: $600,000

42 units (Garden Style) (woody walkups)
Sq ft 31250
Average size 744 s...

Hi all. I would like to know if I can file my LLC business tax return myself? Here are my details, which to me seem as simple as possible so wondering what my options are.Set up LLC in Jan 11, 2018 - WA is home addres...

Hello,
A few years ago, I needed my father to co-sign on a mortgage with me to buy my first home. We decided he would just buy the house instead and I would pay in an unofficial mortgage each month. I moved out of th...

I  sold my primary residence/investment triplex last August 2022 and purchased a property through a 1031 exchange. I used $250k (personal exemption for the primary residence portion of the sale) and then $250k (in the...

Hi there, does anybody know a good CPA or Lawyer that can help me with the creation of a LLC in the Houston area? 

Hi - I have a home that was purchased back in 2017 ($329K) under my name since my mother didn't want to put the house under her. She has been living there and she pays the mortgage and now only have about $70K left to...

We own a home that we have rented out.  We are considering selling it to the tenant.  Does a 1031 come into play?  Are the payments considered income on your taxes?