Have a property in NY with substantial cap gains that I am looking to 1031 and it is in my name.  I would like to change title to LLC instead of my name and was interested in knowing the consequences of doing this bef...

So I am attempting to do a 1031 exchange and everything looks lined up except for one aspect I'm not sure about. I am selling a single unit investment property in Pennsylvania and buying a 3 unit multi family property...

My rentals and W-2 Job are close to each other and both are like 25 miles from home.  Say for example I go to work (W-2) and then go to rentals after work, how would I claim the mileage.  Can I claim the distance from...

Hi BP, 
I'm nearing closing date for a 16 unit complex. I'm entering into the contract as a tenancy in common with my business partner with plans to switch into an LLC myself soon after and then have my business part...

Is anyone surprised? I'm surprised that they've only found 1% are fraudulent so far. I suspect over 50% of all assistance applications are unnecessary and/or fraudulent. Such a waste of tax-payer money.https://wgme.co...

two partners own a property together. One partner wants out of real estate investing altogether and the other partner wants to stay in. Can the partner wanting to stay in 1031 exchange only his portion of the property?

To qualify as an RE Pro you must:

1. Spend more than half of your total working hours in an RE business in which you materially participate.
2. You must work at least 750 hours per year in a qualified RE business....

Hello, I was curious if it would be beneficial for me to make efforts to qualify as a real estate professional for tax purposes. I am currently a stay at home dad but have the option to return to work at my previous p...

Hey everybody I have a duplex that I bought in 2016 and lived in for 2 years before moving out and renting both units. I bought it at $266k and it’s worth over $400k now. My goal is to partner with somebody who has co...

Can I still be claimed as a dependent on my parents taxes? How does this work?Thanks in advance to anyone that answers!- Kyle