Do you have a positive solution for the below situation?
Someone is wanting to pay off a commercial building early that I financed, because they are selling the building. This person is willing to work with me to co...
I lost everything, the feeling that my life isn't going to be successful hurts. I know I have the skill of persuading, so I feel Real Estate would be a good Bridge career for me. Agent or broker as the first step??? M...
i have been using realty shares for the last two years and have been pretty happy . Has anyone had and deals on any of the top crowd funding sites go bad ? if so , was it loss of total investment or just a reduced ret...
Hi,I'm thinking of selling one of my rentals as it has an appreciation of around $200K. Can this gain from sale offset by passive losses that I'm carrying over years from other properties that I own? Thanks
We have large unallowed passive losses carried over on 8582 (from several years cumulatively) from various real estate syndication deals reported to us on K-1s. For the first time in 2019 a few of those assets have e...
Crossposted in Texas forumHi,
I'm in Texas and my dad passed away nearly 2 years ago. I inherited his home which is paid for.
I've been living in it and have done heavy home renovations. I know
that if I put it u...
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
I wanted to transfer ownership of one property from (multi member llc) to another llc(sole llc -me owner). via quitcLaim
Would that ruin the tax basis or make me pay more in taxes? Or other consequences im not awa...
Could someone please put in layman's terms the tax advantages that a Real Estate Professional enjoys in real estate investing? Thanks.
I have an interesting purchase strategy being presented to me, and I wanted to put it in front of the community here to help me poke holes in it. The situation: I have a family member who wants to help me out in grow...