Hello all,I'm in an unusual scenario and wanted to get some guidance from the BP community.My fiance is being added as a member of an LLC that owns a residential and a commercial property, both of which are in the pro...

Does anyone have advice regarding doing a 1031 exchange, where the goal is to take title back as an individual and dissolve the LLC that the relinquished property was held in (without triggering a taxable event)?I hav...

Are you navigating a Sec. 1031 exchange or facing deferred tax gains and looking to understand how to optimize your deductions?Today I wanted to share with you how to maximize deductions on like-kind exchanges using c...

I have lots of questions that hopefully I can get some guidance on!My mother has a rental property she has held for about 15 years in Washington state and has rented it out for the first 12 of those years. Because the...

Any taxpaying entity can do a 1031 exchange. The IRS has a “same taxpayer” requirement for tax tracking – if the same person or entity is exchanging, it’s easy.

If not, we’ll have to bring in our structuring attorn...

I'm reading conflicting things regarding capital gains on rentals.  According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...

Hi,
This sounds more like a tax/accounting question but seeing if anyone has any insight here.
My parents just completed a 1031.
Relinquished property and replacement property both under parents names.
Accountant ...

Hi Folks,I cannot understand why more people are not talking about this. Renter:Imagine I am a renter in Bay Area and I wan't to buy an average $1M home here in Bay Area and want to put down a decent 25%. My loan woul...

Can somebody explain all the tax disadvantages for a house flipper? What's the best approach for a first timer? Buy and quickly sell the property after renovations or hold it and sell it after some time to save money ...

Hey BP community, I am a newbie to the real estate community. The wife and I are looking to find our first home to begin investing into. Being A/D military it is a bit tough to maintain homes when we move every 2 year...