I'm planning on selling one property for about $360,000. It currently has a mortgage of about $270,000, or about 75%.

The property I'm thinking of buying would be of lesser value and in a different state. Probably ...

Hi guys,

Had a few questions regarding recapture tax and was hoping someone could help.

1) Recapture tax is a federal rule/law and not at the state level correct?

2) Will you owe recapture tax whe...

I'm selling in NY. 2fam, I lived in one unit and rented the other. My acct says when I bought the house for 560k 14 years ago, and sell it for 825k, it will be split into two sales.. and on the investment unit is what...

http://www.dsnews.com/articles/bill-introduced-to-extend-federal-tax-exemption-for-forgiven-mortgage-debt-2014-01-14

There are five key benefits to investing in real estate and I am sure you have seen this acronym before and this will be review but if not, I find this helpful for myself and I love sharing it with you.I = Income D = ...

HelloMy mother has over a million in assets and zero debt. I want to help her start planning her estate. I would like to know if she should be consulting an estate planning attorney or a CPA first. I know she wants he...

Since I moved states, I would like to get a local tax/CPA person.  I do not want one to just do my taxes once a year, but someone that I can discuss situations such as is it better for me to XXX.  Mostly the XXX is re...

Hello, we've purchased a row home in cash (Philadelphia) almost a year ago in the name of our LLC.  Tenant has been in place with a year lease.  Could anyone recommend a bank and/or credit union that will cash out/ref...

Hey All! A friend of mine living here in Florida inherited a property from her grandmother who recently passed away in Ohio. She intends on selling it, but I believe got some pretty inaccurate info. Someone told her s...

I am trying to see if it is possible for to use HELOC on one of my investment properties.Any advise or best practices would be greatly appreciated.