I'm looking to do a 1031 exchange by selling property that has been in my family for years. The property is comprised of 4 parcels ranging from 1.3 acres to 16 acres, all adjacent to each other. 2 of the parcels have ...
I got to thinking about mortgage payments and how they are recoreded for tax purposes (P&L). Is just the interest portion tax deductable or the entire payment? Do you record your entire mortgage payments monthly a...
I have a section 8 tenant but between the tenants portion and the payment from section 8, it still does not cover the monthly mortgage cost. How can I get the best out of it when doing my taxes and is this considered ...
Hey All,I live in San Diego and I’m thinking about house hacking a duplex. I will be living in one and doing a STR in the other. Most likely the bigger and nicer unit.My question is, if the home is bought on a convent...
My brother-in-law has a primary residence (with no mortgage) that he may want to sell to us in the future (and we want to rent it out or do AirBnB). However, we want to minimize taxes for him and for us. Currently h...
Would there be any considerations regarding depreciation recapture when a syndicated investment is disposed (ex: at 10 years) when purchased via an SDIRA (Self Directed IRA)? Will those investment funds need to be 103...
Hello folks! I have found a piece of property that has a Trustee's Deed in the chancery clerks office that has an "undivided interest" by 3 different parties. I chased court records concerning the property for a while...
We have located a property that the mayor is going to condemn that has been foreclosed due to the resident abandoning the home. The front section of the house needs to be torn down as the foundation and house are jus...
Does anyone have a joint venture agreement they would be willing to share with me? Here is the situation I'm getting involved in. If you had any other feedback or comments about the risk, I'd love to hear it:- I provi...
I am currently looking at using Tenant Cloud for a duplex. One tenant is section 8 and the other is not. This will be my first section 8 tenant as well as my first time collecting rent through Tenant Cloud. It seem...