The city of Charlotte is now requiring landlords to register all their properties with the police department. Those that don't face a penalty. Also, landlords with properties located in troubled areas (locations wit...

Question for all the savvy investors with a little tax knowledge as well.I have been looking to make the switch from my current investment portfolio into index funds. I was fortunate enough to start investing at a you...

I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...

I have basic question that I'm still unclear on. I'm looking to sell my first SFH, which I've owned and rented for 17 years, for a profit. I'm unsure of the tax liability/taxable gain due after the sell. This will det...

Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange.  Can you shortly thereafter do a  cash out refi, take that 80K in cash without owing tax on it?  I may be in a situation soon ...

Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...

I am having difficulty finding an answer to this question... If I wholesale a property (true wholesale where I never gain possession, but do get the assignment fee), does the income count as a capital gain that I coul...

So I needed a few things.  I need my invoice to match what Airbnb sends me for payout and I need the sales tax to be what is actually taxed so that QB can keep up with it for me.  I worked on this with my accountant s...

I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...