I recently talked to a motivated seller that is interested in selling a small multi-family property. He states that he is looking to avoid capital gains tax and wants to do a 1031 exchange. He purchased the property f...

Buckle up. This is a long post addressing many myths around the current obsession with the "STR loophole." And the first of such myths is that it is a loophole. No, it is not. Loopholes are something UNintended. In co...

https://www.wsj.com/articles/new-tax-law-may-encou...https://www.cnbc.com/2018/02/02/a-big-tax-break-co...How of this is applicable for rental property, if you are renting the whole house? Does this mean 20% of profit...

Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ.   despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...

Hello everyone (Namely my tax gurus),I'm sure you are aware that in the stock market there are two main categories for investors as it pertains to capital gains. 1. Long Term - not cashing out the investment until a y...

I am investing in my first rental property and need help navigating a few basic questions:- If I make improvements to this rental property, how is it taxed? (Is it considered expense and can be deducted at one go? Is ...

Guys

I really need some advice here. In fact, if you have some time to chat over the phone, please PM me and I'll send you my number

I'm a first time home buyer and hoping for a future in real estate. I currently re...

I have a relative who is looking to 1031 out of their first rental.  I have been thinking of creating a new LLC that would they could “contribute” to as part of their 1031 and combine that with my investment $$ and in...

Hi,I'm in the process of selling one of the properties that has decent equity. I have suspended Passive Activity loss that would reduce the gain, but not eliminate the gain from tax POV. I have another rental property...

If a property has negative cash flow at the end of the year do you get a deduction on your income taxes that are owed?

Say if you earned $30k from your job and you owe $1000 in income taxes but your property had a ne...