My husband and I have lived in our home for 40 years and it's value has increased by almost $2 million over these years. We'd like to sell our house at some point in the near future because we're getting close to reti...

When doing a 1031 exchange, does the newly purchased property have to be equal or greater value than the sold property?  Or is it that just the profit from the first property must be all invested in acquiring the next...

Hello guys,Just wondering if anyone can help me out here. Just about to close on a property soon and was wondering what my tax hit will be under these circumstances on a sales of a Los Angeles multi family property.Or...

Hello RE Geniuses! Forgive me if this is a lame question. I understand the purchase price needs to exceed the sale price of the investment property. But is there a max dollar limit? If I sell our rental property for $...

Ok so I sold a property for 1,050,000 cost basis was 175 exchanged for another property for 860k. I was thinking my capital gain would only be 15k. Accountant says I will owe tax on the whole 190k I got back. Man I ho...

OK I am still coming to terms with the current administration.(and may not ever) But what do you think will happen here? Do you think it's likely that he will be re-elected? If no, please input on who you think will ...

I have been reluctant to broadcast this information to the note investment community, hoping not to "hang out my dirty laundry" with colleagues or the note investment community. However, it is time to speak out and ad...

I know this will ruffle a few feathers but it is a fair question. I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at...

Partial 1031 question here for the tax gurus. Long post. Not asking tax/legal advice, just want to understand theoretical concept between the 3 options i outlay below. Looking to do a partial 1031 and want to understa...

Here is my situation:I bought an investment property and improved it.  All-in for $200k cash.  I refinanced it and have a mortgage on the property for $450k.  I'm planning on selling it now and it should sell for abou...