I am new to 1031 exchanges. Are the proceeds that are required to be held in a trust after the property is sold equal the sale price less the existing mortgage balance? Or is only capital gain required to be held i...

Does anyone know where I can find a definitive guide on self-directed IRAs vs Solo 401ks. I mean something that goes beyond the superficial and tells me step-by-step EXACTLY what they are and EXACTLY how they differ ...

Hello,My wife and I willbe buy our first single family home soon our plan is to use real estates as a means of eventually retiring early. My wife wants to put down 20% for our primary residence house which would cost ...

I have a tenant who's lease is up. I am going to renew for an additional 12 months, but would like to raise rents. He currently pays $1,300/mo. I am planning on raising by $40 (~3%).The kicker here is that this partic...

Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...

Recently had to evict my tenants for unpaid rent for a little over a month. I was ready to take the loss, but I just got the video walkthrough of the place. It is an absolute mess, and I am guessing 30k+ worth of dama...

Okay forgive me if this is a super junior question...We get all sorts of deductions from depreciation and whathaveyou...  But if we hold the house in an LLC... doesn't money we take out of the LLC get taxed like income?

Hello everyone,
Potential first time investor here. Quick run down, I am 25, I have $15,000 saved up (not counting rainy day fund), I have $5,000 in student loans that I do not have to pay for 2.5yrs (due to my job p...

Hi all,Does anyone have experience working with Salt Lake City to split one lot into two lots? My specific situation is that I am looking to purchase two lots with the intention of combining the two lots and subsequen...

What category/chart of account should I use? The CPA says to add it to the property (asset???). Very  confused... please advise.