Hi,I have been trying to find the equivalent law in Canada of the 1031 exchange in the US. What I have found, under the income tax act section 44 and 44.1, Canadian's can have their gains rolled over into other proper...

My grandfather passed away two years ago. My mother inherited the home, but wants me to have the proceeds from the sale of the home.I have a potential buyer interested in a land contract.I need to determine the best w...

View report
*This link comes directly from our calculators, based on information input by the member who posted.
Hello BP Community,
I am looking at a single-family home in Detroit which I believe ...

I have found a house which has been vacant since 2015 when the owner died intestate. The potential heirs include an aunt of the deceased and 7 cousins. None want to pursue the probate process and seem content to hav...

so... both my wife and I have a W2 job. let's say our income is at around the 24% tax bracket. And then my real estate sales "part time"  let's say I made 50k in 2019. Does it mean the 50k commission income has to be ...

Hey everyone, I'm trying to see if anyone could help me figure out if I'm able to use my 401k and Roth IRA to buy rental properties. I've tried to google these topics but didn't get much information. I'm 24 and have a...

Hello to the forum community and anyone reading my first post.  I have been doing a ton of research on tax liens and deeds (reading, videos, 2017 tax lien sales records, county websites ect...)  My question is specifi...

I’m considering getting out of real estate investing. The thought came to mind of selling my properties (4) and getting a single family residence, renting that out for a couple years and then moving into it, convertin...

Hello, I am trying to get an idea for the tax consequences I would face by selling a property that I acquired via 1031 exchange.  Here is the background:*I purchased Property A on Feb 2016 for $109K with cash, rented ...

I am somewhat new to real estate rentals, but am pretty knowledgeable about taxes. Here is my situation, and I wonder if my overall strategy is sound.I have 2 goals in posting this - first to inquire if I am missi...