Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...

I am looking to sell a small commercial office condo unit (1728sf) in California. I received two offers one all cash for $609k and the other $625K with $315k down payment and then 5% owner financed over 5 years.  I wa...

I have two STRs I purchased in 2022. Due to changes in my life, I'm looking to sell and 1031 into LTRs. I did bonus depreciation on both properties Will I need to worry about paying the taxes back if I 1031 into LTRs?

Situation;I have a rental property bought in March of 2012 for the amount of $220K.(Initially used as Primary Residence until Oct of 2017)Before moving out, In January of 2017, I did a cash-out refinance, and the new ...

Everyone knows that Capital Gains can be put into Opportunity Zone Funds to defer taxation for 7 years.But what about if you have a mix of gains and losses -- can you elect to treat the gains as gains and invest in OZ...

They always say that there are only two things that are certain in life - death and taxes. However, that doesn’t mean that there aren’t strategic ways to lessen or defer your taxes! As a real estate investor, it’s cru...

Hi, my wife and I have listed and are in the process of selling our 2 Bed / 2.5 BA condo in San Francisco's SOMA / South Beach / Mission Bay area. We are interested in executing a 1031 exchange into a higher cash on c...

can you use 1031 exchange for 401k to purchase a home?

Can someone read this example and tell me one way or another what's possible.  Just sat with another friend/CPA and what he mentioned I was not aware and I am not sure if it's accurate.  Nothing against him, as only a...

Hi,
I've read prior posts about permissibility of renting a 1031 exchange property to family members (as long as it is fair market rent and well-documented).
Is it permissible for the parents to leave the property i...