Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...

I own a property that showed a small loss for this tax year.The reason for this loss was due to depreciation.My question is how or what do i do with the money that is in the bank which represents the depreciation amou...

Hi, If you have to replace an appliance before you've fully depreciated it, do you deduct the balance and start depreciating its replacement?  (Washing machine died with 5 years left to depreciate.)  Thanks in advance...

I am an investor in the BroadMark fund, which provides investor return from 1st lien position hard money loans. I am generally happy with the fund thus far, but they seem to be using an overly favorable method to com...

Hello All, There are a number of posts about partnerships, but few discuss the nuances of tax implications, especially when one party is primarily interested in this investment for the tax incentives. Would appreciate...

Not sure if this is the right spot for this. Here is my question, I have 3 rentals one is running in the red consistently. You guessed it, its in Arizona! I want to sell it but think I should wait till spring.
How...

Hi BP,I own a property in SF Bay Area and and selling the property at a loss. The rental market has been hurt as you know. And the/my timelines and horizon for return have changed for obvious reasons. That all said......

I'm part of a 3-person LLC that recently sold a rental property.  We recently sold the property and I lived in one of the 3 units for >2 of the 5 years prior to the sale of the property. When we filed out annual K-...

Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...

Hi, I am curious on what can be done to avoid/reduce capital gains tax on a property I sold. I know I could have done a 1031 exchange prior to selling but we did not plan to continue investing in real estate, we wante...