I own a rental 3br 2ba rental income home in Tempe AZ and I'm considering scenarios after my renter just gave 30 days notice. Can I do a 1031 exchange on a rental? Also, do I have to live there for two years

in or...

I am requesting inside regarding my filing requirement in California.Background-I am a California resident on active duty stationed in Washington. I am considered a nonresident for California tax purposes and as long ...

For some reason, the $4k in HOA fees I write off every year are not on the 2021 return, as I'm reviewing them and doing 2022. It appears to signify $800 additional taxes out of my pocket for 2021. So which is a bigger...

Hello,
My family will soon be selling the family business, roughly 3-4 million dollars is the estimated sale price. We hope to purchase/build residential rental properties with this money, we already own outright tw...

Hi Everyone  I'm looking for some advice on what I need to do regarding this issue:I bought a rental property on August 7, 2017.  Today I received a call from my title company stating that the sellers hired an attorne...

and they are sticking it to me this year. According to them, one of my properties increased over 25% in value...I'm fighting this but good grief...I've only owned it for 5 years!!! FL property taxes stink....but the...

If you have your properties in a LLC and have separate business accounts are you only taxed on money you take out (salary) from the LLC? If there is extra cash that I could be pulling out as salary but don't and it st...

My neighbor is selling a duplex that currently has both units occupied. She charges $1750 a month for each unit ($3500) which includes water and heat. She's askin 299,000; however she only owes 265,000. Minimal repair...

Hello BP - I'm looking into purchasing a multi-family rental in Cincinnati Ohio and currently researching the market. I'd appreciate you sharing your experience regarding:
1.different neighborhoods, 2. crime, 3. cash...

I formed an LLC in Texas for my 6 rental properties last year. A letter from the Texas Comptroller of Public Accounts says my company’s first franchise tax report is due in May. What is this and do I need to file it f...