Good afternoon,I have a single-family home that I am looking to sell. It is paid off and I have owned it for 2.5 years. I want to sell it and use the money to buy a primary residence.I am wondering what the tax implic...

I realized in February of 2011 that my ladder was leaning against the wrong financial building. Sooooo, I started to use my savings, refinancing my personal home, and taking out my IRA’s and 401K money through the cou...

My company has been purchased and the division that I am in will be sold through the divestiture. This will allow me to move my 401K into an SD-IRA, of which all the funds will be used to purchase SFR's, all-cash (no ...

I have been looking into Opportunity Zone Funds (OZF) to defer capital gains I made in December (plus make more long term capital gains without paying taxes).  I have a decent grasp of how OZF works.  What I am trying...

I have a rental I am interested in selling.  This rental was originally my primary residence.  I have been renting it for the past 6 years.  I have, of course deducted the depreciation from it during that time.... abo...

If a property has used all depreciation, What is the next move one should consider?  Sell and do a 1031 Exchange?

Hello,I am considering doing a 1031 exchange on an investment property that I have and would like to know if there is a possibility to convert it into a primary at a later time? What would be the tax consequences. App...

I'm looking into purchasing a duplex from my parents. I had been looking into buying it from them next year on VA loan, and they would do a 1031 exchange to buy a new property..since we have an uncertain future with i...

If a renter deposits rent on December 31 to cover rent for January of next year, what year’s taxes will the money land on ?

For Example:
Purchase a $50,000 home spend $20,000 in rehab. Sell for $100,000

That results in a net gain of $30,000 of taxable income.

Would I be able to perform a 1031 exchange and buy a $30,000 rental home fre...