Hi everyone, in my last post I wrote about the tax benefits that non-real-estate professionals enjoy by investing in a syndication. There were some wonderful answers by Charles LeMaire and Roni Elias among others. It ...
Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024. There are some accumulated passive losses but not much. Can I sell some of my stock he...
Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...
Hello everyone,
Looking for a thoughtful exit plan from land-lording. Been at this business for 20 years and there is more to life than wearing maintenance and cleaner hats al the time. This was originally a 5 year p...
Hello BP!I'm in a somewhat interesting tax situation this year and I thought I'd get some feedback on my strategy (having never done it before). I'll be selling a non-real estate asset (portion of a business) for a si...
Sorry A newbie question is it better to have a rental property paid off making $800 after taxes and insurance or to borrow against that house to buy another house so after mortgage payment you would make let's say $30...
My In-laws are selling a plot of land and gaining a 1.4M profit (original price was 120k).They are weighing 1031 vs. trusts vs. starting an LLC. Their main objective is to reduce tax liability and reinvest in somethin...
Has growing interest in buying first rental property for investment.
Hey all! I'm an investor myself (newer), but have some leads on properties where seller financing (free and clear) will be an option.In total, roughly 90 units split between a few old-school investors that own all of ...
Both seasoned and new real estate investors have a powerful tool: the 1031 tax-deferred exchange. This strategy allows investors to defer capital gains taxes when they sell an investment property, provided they reinve...