My question is regarding reinvesting profits back into additional property acquisition. If the money stays in the LLC does it still get reported as income that I will need to claim on my personal income tax? Sorry ...

Having spent some significant time working with borrowers buying and selling property who are trying to complete a 1031 exchange, I thought I would post regarding my experience.1031 keys:1. Defer income tax.When selli...

Hello, I am looking to purchase part of a portfolio. The scenario is: The seller (ie. John) currently owns 6 properties. John is looking to sell 1-3 properties now and reinvest some of those proceeds into the remainin...

Hi BP,I am about to buy an FSBO. The seller plans to take the proceeds and buy another investment property. His price is "firm because of capital gains taxes that he will have to pay when he sells." My question is, do...

Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...

I believe I understand the base calculation for the replacement property in general. However, I am not clear on whether paying broker fees outside of closing could make a difference or be (tax) advantageous in certain...

If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?My partner and I are both on the higher end of ...

My father, who is nearing 80yrs and in reasonably good health, wants to sell 52 acres of farmland. It was purchased 45 years ago @ $250/acre and is now worth $5,000/acre. He's interested in providing seller financi...

Hey there! As a CPA and former tax accountant, I wanted to share some tips with you on how to make the most of your real estate investments this tax season. There are a few key benefits you should know about that can ...

I can't say enough times how much I LOVE Bigger Pockets and the fact that I have a place I can come to and ask these questions without having to weed through articles on google from potentially unreliable sources. I n...