Hello-My wife and I are selling our primary residence which we have owned and lived in for 6 years now. I inderstand married taxpayers can exclude up to 500k in capital gains. However I purchased the home prior to bei...

Some of you have been looking into conservation easements as a tax shelter for doctors and other high earners.
Take notice: the IRS is in the attack mode. On July 9, the U.S. Tax Court struck down four more abusive ...

Hello!

I am under contract for a 3 family unit, what are the pluses / minuses of paying my taxes and insurance via bank escrow?

Thanks

Just an FYI - A very brief excerpt from an article that appears in the "The Tax Adviser" - 4/1/2018 -"Taxpayers entitled to claim the deductionThe Sec. 199A deduction is available to any taxpayer "other than a corpora...

Hi All,So we got hit pretty hard from Hurricane Ida and need to replace two full HVAC systems in our Triplex. I understand that this doesn't qualify under the de minimus safe harbor exclusion. 
Is there any way to wr...

Doing my first flip with two other partners and need to find out more info about 1031 exchange. How will a 1031 work between three people? 

I am looking into how to properly document my time to make sure I qualify myself as a real estate professional in the eyes of the IRS in order to write off my passes losses off against my active income. What do some o...

I’m trying to understand how to structure a 2 person partnership.Money and profit is split 50/50.But the loan will be in my name. We’re doing the first few purchases with an Operating Agreement only.Does anyone see an...

How does one set up a real estate partnership so if that partnership eventually sells, each member can 1031 exchange their individual share at a future sale?(It is my understanding that typically partners cannot 1031 ...

You’ve decided to get a cost segregation study on your real estate property, but you aren’t sure how to determine which company to choose. It is crucial that you select a company that provides a “quality” cost segrega...