Hey all, I was hoping for some advice on how to get something started:I'm hoping to sell a single-family investment property in San Antonio, and do a 1031 exchange to get into multi-family investment properties. The i...

Hi, we are trying to do a 1031 exchange by selling our rental condo in exchange for a single family home rental. Our condo would be sold to an unrelated party. Our new single family home rental would be purchased from...

As we go into 2019, figured I'd share a  tax related planning tip that I personally feel will be important for business owners and RE professionals moving forward.  For complete details, please reach out to a tax prof...

We’re looking for a new tenant. The place is upgraded (Completely renovated in 2016, hardwood floor, granite countertops, stainless steel appliances, etc. Avg rent for a 2 br 2 bath in our area is $1550. We’re aski...

Do you have to report rental properties owned overseas?  (Asking for a friend...)How would Uncle Sam know about this other than it showing up on his/her Schedule E?

Hi!! I have a property that I co-own with a business partner.  I have been rehabbing the property and a going to be selling it soon.  I am looking at investing in a local bar and I was wondering if I could 1031 exchan...

We have completed a 1031 exchange.  It is in my husband's name as the property that we sold was just in his name.  This is our first time  managing property ourself as it is in our hometown of Payson, AZ.  We were wan...

Hi everyoneI am a new landlord from last year and working on my tax return. I found two new things along the process. First, 1099-NEC and 1099-MISC. Second, QBI deduction.I bought two 8 unit multifamily properties in ...

I wanted to ask a quick question to see anyone here has bought a property where the Seller is leaving money out of the deal's proceeds in the deal? I'm trying to figure out if the Seller will be taxed immediately on t...

Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?