Here are some tips to mitigate capital gains on real estate sales:
Use the Primary Residence Exclusion: If you have lived in the property as your primary residence for at least 2 of the past 5 years, you may be eligi...

Hi all,
I am on a H1b visa W2 income. Spouse H4 visa no EAD stay- home-mum. We have been working together in acquiring investment properties. Can she qualify as a real estate professional under IRS rule to reduce tax...

I am planning on investing in real estate in the next few months with a partner and we have some questions about forming a LLC. We do plan on seeking out advice from a tax professional but I wanted to post on here fir...

Brand new to this, inherited one house to reno and partnered to buy first flip st auction.Trying to learn fast how best to do...everything.land trust to own an LLC to own each property?what contracts to use and where ...

Looking for a tax account that n KC area.
Any recommendations? 

Hi I’m new to New London county Ct moved from Hartford county new Britain. Bought my first house with a in law. Plan on buying more properties and becoming a realtor again. Looking to build my team and need an experie...

Hello,Does anyone have any tax professionals who also offer consulting advice? I'm looking for someone who knows about real estate investing and can help me get the most tax benefit from my investments.  Also, has any...

Greetings! Happy New Years!Question for the tax pros or people much smarter than I. I am in the military, active duty. I rented my previous primary residence for a couple of years after I moved on orders. As it was my...

Has anyone built a pool at their STR and included it as an expense? Legitimately. With their accountants blessing? Or would it qualify, as long as it’s in service before and after the install?

We did a 1031 exchange (our 2nd) and sold a $900k condo and bought 2 single family homes ($660k & $490k) totaling around $1.2M. the original basis of the relinquished property was pretty low. I want to do a cost s...