If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence? Is there time limits to convert, I understand that there may be...

I'm am about to partner with someone in the Atlanta on a fix & flip property in the Canton area.  I have a draft JV agreement, but the general structure is I would provide the capital (up to a max amount), he'd co...

Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here.  Some final facts I need to make a decision are the tax implications, any help...

My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...

Question for the 1031 QI’s and the CPA’s. We bought a STR in the Smokies in September 2022 using 1031 proceeds from sale of a LTR we owned for 2 years. It is draining me and we need to get rid of it. Our intent was ...

I can't find an answer to this question anywhere with a search of the group. I have a specific question about how taxes will be calculated selling a home that was originally purchased as owner occupied and has been a ...

Lived in house from approx 2000 to 7/2014 at which time i rented it out. In Late 2015, i had to buy a new HVAC which meant that in addition to depreciating my house, i started depreciating my HVAC on a 27.5 year sched...

Hello friends, I am thinking of pulling equity from a paid-off rental and use the money as downpayment on another rental.  The rest of the money will also be from another loan.  In effect, it will be 100% financed by ...

I have two questions. My first question relates to a single family unit that I bought last year to reside in but have just converted to a rental. After research and plugging in all the numbers I have found that this p...

I own a single-family home that sits on approximately 4 acres. I am buying 8 acres located behind my property that will give me a 12-acre parcel in total. In the zoning district that I am located, the residential dens...