Hello BP,

I listed my townhouse last weeks and with in two days all cash offer for full price with a 15 day closing! Close date is the 25th!

Now comes the first world problems of taxes! I lived in the house for 573...

Hi everyone, This is more a tax question than anything. I have a  non owner occupied rental property in Florida that I acquired from a inheritance back in 2017. When doing the depreciation on my taxes for the property...

I have an inherited tenant whose lease expired 2 weeks before I closed on property. The previous owners indicated that this is a great tenant who takes care of the property and always pays rent on time. The problem is...

I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate. I can’t tell if my situation is different, though, so thought I’d ask.

My employer gave me shares of company stock (company ...

Hi all,I have put my vacation house on VRBO/Airbnb and would like to know if I can deduct the work I put into it prior to renting?  We purchased a bunch of PAX units to store our belongings in 2016 and installed them ...

I get the concept (number of days, etc), but how was the operational aspect?- Were you audited which seems very likely with 1031s?- Is there a huge delay in filing taxes since the 1031 admin has to liaise with your ac...

In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.

Fire insurance premiums.Rent or other charges relating to occupancy of the property b...

I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
...

I will be selling a few rental properties in 2021 
Appreciation has been kind to melooking at approx $750,000 in profits 
besides 1031 any way to reinvest and delay paying the income tax on these sales?

I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...