Hi. One reason I am exploring investing in real estate rentals out of state (I’m in CA) is to offset realtor commissions. Please correct me if I am wrong, but it’s my understanding paper loses from a rental can reduc...

My husband and I are both doctors and have high six figure income from our practices. However, most of our income comes from managing other doctors working for us rather than us personally working clinically in our of...

I went on the city government site and looked up a property with a market value at 91k, And the assessed improvement value (taxable) is at 81,800. This property has fire damage but the structure is sound. Is  the asse...

Hello all, I'm new here. I'm reading Real Estate By The Numbers and I had a question: I was reading about Taxable income, which is the amount a property will be taxed in a given year by using the formula [Taxable inco...

Hello everyone,

I am about to begin investing in notes myself, but I have a conflicting question posed by a client of mine who also invests in non-performing notes.

How do you report any gain from these...

I have a question regarding timing.  Here is the scenario.  If I sell my investment property for 1.3 and the strike value is 1.1 for replacement property, there will be a 200k taxable boot.  My question is this.....wh...

Hello,Earlier this year I purchased my first home with the intent to house hack it. I have only had one room mate over the past 6 months as I have been finishing the basement in order to add two more. My question revo...

I spoke with a seller in Moore County, NC and they told me they have the lowest taxes in the state. I then spoke with a property manager who said that may be true, but that particular county went ahead and prorated th...

We are under contract on a property. We have 60 thousand dollars in a 1031. The seller is willing to charge us 30k in points to seller finance the deal. However, we would like 25k back after closing for repairs etc. Q...

Is withdrawing money from an Estate account taxable?