Anyone heard about opportunity zones? We are setting up an opportunity fund and will Work on creating a vehicle to help investors defer gains while investing into a fund that will develop properties in MN. This is e...

Quick tax strategy question.I have accumulated over $50K in "unallowed losses" on my tax returns over the past few years.  What happens to those losses when I sell the property? Does it get added back to the basis? Do...

Hi All -

I am purchasing an a duplex through an LLC that will have 3-4 members in it (I will be managing the property and LLC). I know the basics in terms of how this impacts taxes (flows through to personal ...

I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...

So I bought a property using money from an old IRA. I didn't do the self directed since it was only $20K. The setup cost along with the yearly fee would be more than the 2k penalty for using the money. Here's my quest...

I am curious what everyone's opinion is on this issue. I have seen areas with relatively low property values that have high property taxes (Texas). At the same time I have seen areas with high property values, but rel...

So my husband and I are currently renting but we want to eventually have our own home but we also want to get into Buy and Hold real estate, for the extra income. My question is should we first buy a home for us and t...

According to Redfin, In the West, the median asking rent dropped 1.1% year-over-year to $2,469 in August. In the South, the median asking rent fell 0.3% to $1,673. However, the median asking rent rose 4.6% over the sa...

Is it possible to write off 100% of the repairs/improvements in the first year instead of taking it over a longer term? I put about $70k into a buy and hold this year and would like to write it all off. I understand t...

Looking for some help from folks who have been through short sales in non-recourse states.
Here's the scenario:
- The subject property was purchased as a primary residence in North Carolina back in 2008. There's is...