I am looking to sell a rental property and have a mortgage and a HELOC (Home Equity Line of Credit) against it currently. If I were to sell is the profit (taxable amount) considered the sale price minus mortgage + HEL...

I've got some tax questions for all of you pros out there. When flipping homes, what is the best way to structure your company so that your tax liability is decreased? I've talked with several people and they have s...

So, a friend and I are about to take our first dip into real estate investing.  I have searched for an answer to this, but can't seem to locate anything on point.  Also, this is my first post so if this isn't appropri...

Hello BP'ers,

I work with a company that does 20-25 row home rehabs a year in Baltimore City. Recently we developed a relationship with a local landlord who is looking to offload some of his rental portfolio....

Can someone break down a 1031 Exchange for me with numbers to see what you actually profit from it? I understand what it is and how it all works but understanding the numbers end of what I'm actually making and what I...

I bought a townhome with a VA loan in August 2014 and our renters took over in June 2016. We are considering selling this summer, and I am wondering if we can leave the unit empty for two months so we can take credit ...

Let's say I sell a property that I have owned for 10 years and then use the 1031 Exchange method and buy another property of the same type. Does this method wipe away all depreciation recapture taxes for the property ...

I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...

Some questions for investment property: 1) when you buy a house, does the 'clock' on the 27.5 years start over, regardless of when the previous owners bought it?
2) what is a ballpark building vs. land ratio to use w...

Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...