Margaret Feit
Depreciation Recapture upon Sale that includes Personal Property
Hi All, I'm trying to wrap my head around planning for capital gains and depreciation recapture if I start to sell some appreciated property within the next few years. I'm also trying to determine whether to take acce...
Carter Lance
Flip Income reported on 1065
What is the correct way to report income generated from the sale of a flip home reported on a partnership 1065 return? Since the gains are short term capital gains and will be treated as ordinary income, should the sa...
Andrew Slezak
Opportunity zone investing
Has anybody invested in an opportunity zone or can tell me more about it? I’m under contract for a small duplex in an opportunity zone. My understanding is that you can sell assets and defer capital gaines taxes in an...
Jeremy Porter
Maximizing Returns: Comparing Buying to Flip vs. Buying for Rental Properties
Are you torn between flipping properties for a quick profit and investing in long-term rental properties? In this blog post, we emphasize the significance of selecting the right property investment strategy. Whether y...
Ron Singh
real estate for tax deduction (active involvement )
Similar to like Airbnb / short term rental, are there more options related to real estate investment, which can help with tax deduction (i.e w2 income ) what other strategies helping you ? (not looking for passive ...
Mike Shahi
New construction/capital gains/death of parent- need tax advice
Hope all is well. My parents own a home in MD and owe about 500k on it. As is, the home can sell for 1.1/1.2. The home was purchased in 2008 for 700k. Mom passed away last year unexpectedly. Now, Dad and I are trying ...
Candace Price
Ways to earn Bonus depreciation?
I'm looking to invest into real estate, if someone can please help guide me about which type of property would allow me to earn an bonus depreciation?
William Morales
Fsbo by Owner ,Said No to my offer and it's back to searching
I saw a single family fsbo online, In Pittsburgh, Property was on the market for 129 days and counting. Owner is firm on price & it's free and clear. I offered his full asking price if he would owner financed the ...
Sean Walcott
Depreciation and Syndication
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.
Carissa Mennen
Off-market owner financing
I have my eye on a 10-unit property and I want to ask the owner if he would sell it to me with owner financing. I currently own the building next door, and the owner of the 10-unit has mentioned (in passing) that he'd...