I am hoping that a CPA might respond to this post. I'm going to sell a rental house via owner financing and I'm playing around with various loan amortization schedules to settle upon loan terms where I wouldn't pay an...
I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. However...
So my assumption with a 1031 exchange is that if you have a primary residence and you sell it before your two year mark, I thought you could just roll any equity into your next primary as a 1031 to avoid capital gains...
I am an investor in a single rental property which I just sold. I'll file IRS Form 8949 and Schedule D (with unrecaptured depreciation on line 19). Is Form 4797 also required even though real estate is not my trad...
I received this in e-mail today. Just thought I would share this and open it up for discussion.
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Why Now Is The Perfect Time To Do A 1031 Exchange
By Stephen A. Wayner, Esq., CES
Between 2000 and 200...
Hello all! need your help once again :) does anyone know what AZ state capital gains tax rate is? I've research all over the internet but I come up with 3.4 - 4.95. Trying to decide whether doing a 1031 is worth it ...
This year I got clobbered on some stock investments but am also considering selling a property that will have some gains. Can I offset the gains of the property with the stock losses?
Investors seeking to leverage Opportunity Zone incentives have until March 31, 2021, to place capital gains realized, in some cases, as far back as January 1, 2019. The Opportunity Zone program allows for investments ...
I am trying to help a previous client avoid a healthy capital gains bill on the sale of their primary residence. Trying not to spell it out to them directly though out of concern of giving tax advice outside of my sc...
We just purchased a new commercial multi tenant office building. We are putting up a large back lit LED monument sign on the building to gain visibility on a very busy street out front. We have 8 available slots for t...