Hey guys,If I'm reading this correctly, within the weeds of this massive stimulus bill was a pretty interesting tax loophole....."Businesses with losses can carry back net operating losses (NOLs) to prior taxable year...

How do you all screen illegals for a rental property?  They have an ITIN but no social.  Can I ask the police to check for something?

I have a single family rental home I would like to sell.  I would like to use the proceeds as a down payment for commercial real estate (raw land).  Can I do this through a 1031 exchange?

Relatively new here, thanks in advance for answering my question.For context, I own a property with several relatives on the deed as basically caretakers, but the property is understood to be mine; we'd like to take t...

My question is for a single family residence do I need the deed in my name to gain the advantage of depreciation on my taxes? As I understand it in Missouri one can depreciate a SFR on their own tax return even if the...

I was planning to use a 1031 exchange for the sale of a rental property I own fully (no mortgage). Reading about the criteria to match to have a fully deferred exchange I am afraid I need to reinvest all the proceeds ...

I bought a property at the foreclosure sale. The order states "This property will be sold subject to the 120 day right of redemption of the United States of America"I'm trying to figure out is there a way I can get th...

I currently have 15 rental units (combo of SFH and multi) and today will announce my "retirement" at my J - O - B.  The question I have is about using 2-3 SFH valued at @30k each to do a 1031 exchange and take that mo...

Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...

We converted a second home in FL to a LTR but have not changed ownership to our LLC. There’s quite a bit of gains and the plan is to 1031 exchange the property, which we’ve never done before, after two or more years o...