Yesterday, I went to my first delinquent tax auction—Berkeley County, SC—just to see how it works.I guess most of them a pretty much the same.  Once a property is auctioned, the current owner has up to a year to pay o...

I have a lead that is considering selling.  It is an SFH that he has not lived in for over 5 years.  The seller wants to avoid capital gains taxes.  I will give him a 1031 Exchange as an option.  Anything else?

Hi all - I understand the benefits of cost segregation in year 1 and how you can front load the depreciation of the unit. However, in future years, isn't the depreciation much less? If so, then how can one still maint...

I have recently inherited a commercial property on the suburbs of Pittsburgh, Pa. ( Think DC/ Baltimore pre-gentrification circa 1990-2000). This is the town by the numbers:POPULATION 16K ( Half being married )-11 % P...

Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...

I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...

Some holiday tax planning raised the following question:

Back in the glory days of yesteryear, when I had an Edward Jones guy, I unfortunately found myself overallocated in my Roth IRA, and attached to my return was ...

This isn't a pressing issue for me, but want a bit of clarity before logging it away to memory for future sake. I'm working on my Florida real estate pre licensing courses, and one sentence that was sort of glossed ov...

Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.

This is a great tax strategy because your positive cash ...