I've read in a couple of places that persons who have "made it", strongly recommend giving back. They have said that by giving money away, it has come back to them many times over. I haven't read any specific example...

Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...

I received an offer on a commercial property today.  The buyer is using a company called welfont group to do a 170 exchange.   I searched through BP and didn't find anything about 170s. I would appreciate any insight ...

BP,I am an investor and a Marine in the Eastern North Carolina area, specifically Newport, NC. MCAS Cherry Point and Marine Corps Base Camp Lejeune are the military installations in this area. I have been bouncing aro...

In this challenging market for sellers, I was wondering if anyone had any experience donating investment property to charity 501(c)(3).

It seems like a good way to dispose of property that may not be selling. Thou...

Selling an investment property can feel like a double-edged sword. While it's exciting to cash in on a successful investment, the looming capital gains taxes can significantly cut into your profits. For savvy investor...

I am looking for professional tax strategy help regarding an inherited IRA account, charitable donations, and real estate deductions. Any recommendations or BP members that do this?

Thanks!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $425,000

Cash invested: $90,000

This is an investment, but it's also a charity. The property consists of two reside...

As some of you already know from our personal conversations, I just recently gained 501(C)3 exemption for my non profit. I am now vigorously looking at creative ways to super size my foundation. I came across a non pr...

:superman:
What benefit would someone gain by donating their house as opposed to selling it?