We am selling a current "rental property" and would like to use a 1031 exchange to turn our "personal home" into a rental as we just purchased another  home for ourselves. We never homesteaded the home we are in now. ...

I'm looking for the best Tax book that everybody recommends.  Thank you

I currently own a three family and live in one of the 3 units for the past three years that I bought with a FHA/203k Loan. I have a good amount of equity but not enough to do a cash out/refi or take a Heloc, can I do ...

In our almost 30 years of time in the 1031 Exchange business, we have had at least a half dozen serious attacks on Section 1031’s existence. Although the 1031 Exchange has been in existence for almost 100 Years, it is...

I own a condo in flagstaff and a house in Colorado. I want to sell both to buy a house in New Mexico. How do I do this without taking a huge tax hit?

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

I picked Las Vegas because it’s close to me and California is out of reach. I see lots of properties on the market but almost none of them makes the .5% let alone 1% rules, so why would any investor buy them? In most ...

Does anyone have a Self-Directed IRA horror story they would like to share?I attended a national REIA meeting last night on Self-Directed IRAs (presented by Equity Trust). I can definitely see all the PROS, but I'm lo...

Hi all!
I bought a house last year that has been my primary residence (although I will eventually list the basement studio on Airbnb). I'm doing a considerable amount of DIY renovations. I'm redoing the studio baseme...

I have a 6-unit multifamily property under contract and all the numbers are looking good. I want to fund the deal with a self directed SOLO 401k set up for my real estate business. Unfortunately, the IRS restricts SOL...