Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?

Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here.  Some final facts I need to make a decision are the tax implications, any help...

1) What is required to easily qualify for a mortgage on a $300,000 single family house or townhouse  purchase for income? (for example income,down payment,credit score,cash reserves etc.)2) If the above conditions are...

Hey guys,I have a client here in Southern Florida who has just closed on their house 5 days ago. They received around 70k in profit, do they have to pay taxes on this amount or would this be a good situation to do a 1...

Facts:1. Condo 1, titled in my name, bought in September 2013. Been living in this condo since (almost 6 years).2. Condo 2, titled in wife's name, bought in September 2015 and sold in May 2019. Wife lived in the condo...

1) I bought a home in 9/2009 and lived in it for one year. Then I rented it out until current. If I sold it today and made a 100k profit/gain do I pay 80k of the taxes on the gain? If I move back in for 1 more ye...

Hello - I am getting conflicting information.I have 6 conventional loans on my rental properties and primary residence. If I choose to turn my primary residence into a rental can I use FHA to purchase a new primary re...

My question is I have a property that I am repairing and renovating to become a future rental within the next year or so. I think that I should be able to write off the expense of renovating, as it will become a renta...

Hello,New to the forum, feeling very much like a newb in this whole real estate tax world. Hoping someone can help clarify some information I've gleaned from my accountant. Thanks in advance for any and all help to pi...

I have heard that if you have a Fico score 780 you can qualify for a conventional loan for a primary home with 5% down my question  how many times can I qualify for %5 downs as long as I move into the property as prim...