Hello. I've seen this question asked before but I haven't seen an answer that address my specific concern.  I think the question is best posed to this sub forum.I have a condo that I've owned as my primary residence....

We are currently preparing to get started with REI in the Phoenix area. Sometime mid next year.
We have some capital in our savings account. We also have some money spread around in various mutual funds; some in plai...

I currently live in what will become a rental property and vehicle for retirement. I am contemplating whether or not to buy another property that cash flows in a high priced market or payoff the mortgage of the proper...

Some time ago, I stopped contributing to my day job's 401k.  I wanted to take every penny I earned and make it available for REI - the annual 1.25% increase over the last decade wasn't cutting it from the 401k. Howeve...

I've searched this forum and googled and checked irs.gov, and still fail to understand this requirement about ownership. Everyone seems to ask questions about the residence requirement which I get. You have to live th...

I have a townhouse and I am planning on renting out one of the bedrooms. I know I have to report this and to take the depreciation exemption. I plan on doing this for the next few years. It is also my primary residenc...

1031s are completely new to me. I've "googled it" and believe I have a basic understanding, but I've missed a few things. Here's a basic example, please let me know how I'm doing and where I've gone wrong. I've got $2...

I currently have about $30k in my Roth IRA. If I understand this correctly, I think I could pull out only the contributions and not be taxed and penalty free. So, would it make sense to pull out the contribution porti...

Hi all,Here is my basic case to understand depreciation when a property was bought using a 1031 fundMy primary residence was sold with a capital gain of $200,000A new house of a listing value of $350k was bought with ...

If we sell rental property A and buy a similar rental property B, can we move into it after renting it for a while (say, 1 year)?Let's say we sell rental property "A" in 2020 with 500K profit but do it as a 1031 excha...