Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
...

I read in a CNN article that depreciation expense can now be deducted from all other types of income with no limit (See below). Does anyone have a good attorney or CPA who can verify this? 

```Now here is what chan...

Well, not entirely, but you can shield more of it.

I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.

Let's say you make x a year. You ...

This is in conjunction with an earlier post regarding the sale of my property in Chicago and the purchase of a property in the Indianapolis area. I have been researching the 1031 exchange process and have come across ...

Can someone explain the tax benefits of real estate?  I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors.  Any other tax benefits that you g...

I am looking at a fourplex, that is listed at 117,000, Just based on Realtor's numbers and condition I would be looking to get the property around 105,000. Realtor said it would gross $19,479 yearly. I requested Sc...

From CNN. Can deduct unlimited real estate losses off regular wages, no income restrictions, and retroactively to 2018. 
“Previously, if a married couple had depreciation deductions that exceeded their real estate bu...

I had a fire in one of my properties, and I have received the check from my insurer to pay for the repairs.  How do I account for these proceeds in my books?  It's not really taxable income (if I use it for the repair...

I purchased raw land last year with the intention of constructing several rental units on it.  At that time, the construction prices made this a very viable strategy.  With current construction prices, material shorta...

Has anybody got any experience buying a short sale from Truman Capital?  I just spoke to a rep at Fay who says Truman doesn't do them.  He was specifically talking about short sales after there was a sale date set.  H...