Any one have experience with deducting rental expenses against ordinary income (not just rental income). I know there are rules regarding active versus passive investing and there is a cap (MAGI) but if one is over th...

I am planning on buying a SFH through FHA owner occupied loan, fixing it up and then selling it. How long do i have wait so i can sell it without paying the Capital Gain Tax and also how much is it for me to pay. Than...

I am looking to turn my personal property into an investment property and then 1031 exchange into a multi-family home. How long do I have to rent out the personal property (do I have to move out or purely rent a room?...

Can I take a 1031 that is in the name of my wife and I, and then enter into an LLC partnership to takedown a property?

Just seeking for second opinion on this Tax situation:  I am a fulltime Investor and I according to the IRS Sec 469c I qualify for the "Active" status, BUT my wife has a fulltime job with, w2 salary. We own an S Corp ...

Here is my findings of the newly released 2018 Tax Brackets. I know so exciting.The maximum contribution for 401(k) plans is rising to $18,500 in 2018, up from $18,000 in 2017 — this also applies to 403(b), most 457 ...

Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...

I read in a CNN article that depreciation expense can now be deducted from all other types of income with no limit (See below). Does anyone have a good attorney or CPA who can verify this? 

```Now here is what chan...

This will be probably an easy question for mortgage professionals.
Here's my clients question We don't know if we are first time home buyers! Actually, my girlfriend took over her dads property when he passed in 2004...

Hello,I own 2 rental properties with a partner and also have a W2 job. My wife doesn't work but doesn't have a real estate agent license. She work on the rental properties in many ways. But her name is not on the prop...