I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...
Background & Context
Today's New York Times reports on a new publication, Appraised. The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results...
Can anyone please help me solve this math question? I do not understand it...a bank gives a mortgage loan for 80% of the sales price at an interest rate of 8%. the interest portion of the first month's payment is $192...
I purchased a property under my name but have partners investing. How do I avoid paying taxes their portion of the profit.
Has anyone run into issues getting title insurance on a short sale? We seem to potentially be running into a problem.
I just closed on a short-saled triplex, that is full of tenants. Sounds good at first. However, at the closing, the previous owner said that there is one tenant that only paid half the rent for January and has not p...
Here's a scenario I came across:Say I own a house which I'd like to to sell and buy another one which I'll live in. Now say I've found a property with two houses on it, and it's subdividable so that each house will si...
I have a question regarding Canadian rental property for US taxes. As you know the foreign rental property is subject to a 40-year linear depreciation in US. Taking depreciation allows me to reduce my taxable rental i...
Does anyone know of strategies for minimizing income taxes on intra-family land sales? I'm purchasing a portion of a family farm from my sister. We co-own the remainder interests on our father's life estate. He is sti...
There are a lot of moving parts when purchasing a rental property. A good real estate professional who is familiar with the area will be able to help you navigate through this list. Why did I create this list? A few...