I have always heard capital gains is terrible, etc... but I have a business partner in another venture and he says when you pay taxes it's meaning you are making money.The other thing is my ordinary tax is at 37% (fed...

I have deferred passive losses on multiple rental properties that have accumulated over the last several years (let’s say around $50K). I recently sold one of these rental properties with a net capital gain of $120,00...

I work as a financial advisor for a number of families with large real estate positions. A number of years ago, one of the families decided to sell a highly appreciated property. Their 1031 upleg went kaput at the las...

I began putting aside a percentage of my modest paycheck and doing side work to come up with additional money to invest in the stock market starting in 2008.  From 2008- early 2014 I made very nice gains but they have...

Hello! My wife and I own a vacation beach rental property. With the market going crazy, we are evaluating selling the property (along with some other reasons). The area I am having trouble with are the capital gains t...

Have you ever wondered if you’re paying too much in taxes? For buildings that are mixed-use meaning to have areas that qualify as both commercial and residential spaces, the tax law can be even more complex and confus...

Hi All,I have both a self directed traditional IRA and Roth IRA. I'm wondering if it is possible for my annual contribution to move assets from the traditional to the Roth rather than contributing new money to the Rot...

am seeking mentoring on a simple tax related question.

My IRA bought a rental that's I'm thinking of renting out as SEC-8. My PM sent the paperwork, including a W-9. My desire is to keep this rental income, p...

Hi,We are contemplating selling one of our investment rental properties in a profitable market, and intend to encash all money.We had below queries:Sell Price = Initial Principal Downpayment + Loan + Closing Cost + Ta...

I had a property that burned down in a wildfire last week. I will have an insurance payout, which I will use to rebuild. For tax purposes, here is my general understanding:The land value on my books will be unchanged....