Will B.
Taxation of Unrecaptured Section 1250 Gains
Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...
Senthil N.
Roof replacement: Insurance deductions and taxation
I am getting my roof replaced on a rental property. The cost is divided as follows: Insurance is covering portion of itI am covering portion of it (as my insurance does not cover full replacement cost). I only get t...
Patrick Hall
Self Directed 401K Taxation of Rental Income
I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
Joann Lim
Ex-pat in the UK - Double Taxation
Hi, I'm an ex-pat living in the UK looking to invest back home. Anyone have experience in how we're taxed? I am getting mixed information. I hear we are taxed twice (UK accountant) but I see we there is a double taxat...
David C.
Department of Assessment & Taxation. Appraisal Division
Who has experience with a tenant calling saying this card is on your rental door? It seems going into the conversation correctly might be important. If you have some experience here in Oregon I imagine it would be of ...
Jason Velie
Advanced Taxation Question Related to Opportunity Zones
Hello everyone! I believe this is my first post. Let me start by saying that I will ask my CPA these questions, but I want to know what I’m talking about a little better first so I’ll know exactly what to ask. This ye...
Yolanda Williams
Best tax strategy to incure less taxation
Hello I am a first time flipper. I sold 2 properties this year that were titled and sold in my personal name. One that was held as a rental for about a 3 years prior and one that was acquired and sold after a year of ...
Jim D.
1031 Exchange to Another State - NY Taxation?
I'm considering a 1031 exchange out of New York to a property closer to my location. Does anyone know if states, especially NY, "honor" the tax deferment of a 1031 exchange? Or will New York immediately, or sometime...
Jake Greathouse
Self directed IRA taxation for early withdrawal
Considering taking on early dispersement taxation on self directed IRA to fund trading account. This would be to generate monthly retirement property payments through covered calls monthly. What can I expect in taxes ...
Blake Smith
Double Taxation on Down Payment - Avoidance Strategies?
My wife and I are in the process of closing on a third property we use for short-term rentals. We're in a vacation area, typical high prices / high nightly rates scenario. Our original two rentals are filed on a sch...