My business partner and I are planning to buy a commercial building in Nevada.  He is currently selling his commercial building in Washington and 1031 exchange into the Nevada deal. In order for the 1031 to take place...

A friend of mine and I were having a discussion about his current situation the other day, and I'm curious to hear others opinions, specifically those active in the BP forums. He currently lives with his girlfriend an...

Tax deed properties earn 12% interest.  Should a interested party (past owner or mortgagor) seek to redeem the property with right of redemption. They must pay back what was paid to the county for the tax deed. the co...

I am planning to do a 1031 exchange with a property that is held in my wife's name. I need to transfer it to my own name as the new (target) property in the 1031 exchange would need to be on my name as it will be cont...

If you are a joint tenant with right of survivorship on a property how does the accounting work for tax purposes? Let’s say there are five people on title as joint tenants with right of survivorship for one property. ...

My wife and I have an LLC. We divorced last year. We are in a community property state. The rental proceeds have been claimed as regular income on our 1040's. We want to sell one of the two remaining properties in the...

So, here's a question I have been trying to find an answer to for a few weeks now:I know a gentleman that wants to sell his residential investment property and use a 1031 exchange to purchase a commercial property wit...

So I understand the general answer would be to discuss my personal situation w/ my CPA, but in general- how would it work if I wanted to use a 1031 to defer taxes on a property I sell, but do so via seller financing? ...

Hello
We recently purchased a property through 1031 Exchange and the title is with our Revocable Trust (Trustee my wife and I). Now we are considering creating a Holding LLC that will be managed and owned by both of ...

So i'm wondering how do I calculate insurance premiums for tax purposes?Lets say my coverage starts June 15th 2017 to 2018 and its $400, and my next premium is from June 16th 2018 to 2019 for $500.  If i'm looking to ...