Any idea of carry over passive real estate losses can be claimed when you declare full time real estate professional status. We are looking at filing this designation for my wife who handles the bulk of our accoun...

I invested in land property. 200 acres last year with my brother. We currently don't have any LLC or other sort of company legal structure.I will assume a $50,000 gain after the sale. My question is if I can do a 1031...

If I am ever able to qualify as a real estate professional one year.... am I able to use ALL of my suspended losses from previous years against my ordinary income for the current year, if my total regular income for t...

I have a property (vacant 1acre lot that adjoins their property) that has matured from a tax certificate to a tax deed. I have already had the deed recorded in my name in Jefferson county, Al. My question is if the ta...

I am about two weeks away from officially starting an LLC with one other individual.  Before forming the LLC that individual and I bought and are still in the process of flipping a house.  The property is only in my n...

I have  a peculiar situation. Me and my husband have a trust and so far we have put all our assets including homes under this trust. We have a property outside this trust that is only on my husband's name (we couldn't...

Question for everyone: I am selling my duplex and doing a 1031 exchange, we are currently under contract. I am teaming up with my Father to buy a different investment property. Here's the question: Because of financin...

Property A was owned by LLC A 50/50 me and another partner.  After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...

Can someone sell a rental property quit claimed to an LLC, while mortgage is in personal name? Would it be necessary to transfer back to personal name? Does it complicate matters when planning to do a 1031 exchange?

Hi everyone,I'm ironing out my investment strategy of purchasing multi-family rental properties, but I'm a bit stuck on choosing the location. In particular, before deciding on a city, I first want to decide on whethe...