Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it?  Seems like a too...

I have a client who is 62 yrs old.  He would like to request a 401K lum sum distribution from his employer for downpayment of an investment property sometimes in the year.  Say the amount of 401K distribution is $40K ...

So my father is looking to buy a rental property. Potential NOI totals to about $40,000 a year although the ROI isn’t marginally positive so he would almost have a 0% return on investment. He will be retiring in the n...

I own outright a SFR that appraised for $250,000. I want to purchase a house listed at $230,000 (to become my primary residence). Would there be negative tax implications to offer a property swap in this situation ass...

Hi Everybody My question is when analyzing a property should I consider income tax in my analysis or should I assume that the deductions will reduce my taxable income to where its pretty much evens out and not worry a...

For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...

I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit?  (this is in...

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...

Married couple filing jointly has taxable ordinary income of $30,300 and long term capital gains of $100,000. How much tax is owed on the gain?A. $0 because taxable ordinary income is below the threshold level of $75,...

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...