new to this site, hoping to simplify whether I should sell a lot purchased when sold a SF rental back in 2006. the gross sales price of the house was 165K, but the net was closer to 151K.  We did a 1031, purchasing tw...

Hello! Can anyone suggest what we could do to reduce the taxes on the significant capital gains from the sale of our property this year? Unfortunately we were not able to perform 1031 exchange due to lack of time and ...

Here is one of the best 1031 hacks. Lots of people complain about the "timeline" risk.Start looking for a replacement property during the marketing process of the property that you are selling.The 45 day ID period onl...

Does anyone have advice regarding doing a 1031 exchange, where the goal is to take title back as an individual and dissolve the LLC that the relinquished property was held in (without triggering a taxable event)?I hav...

Hello, I live in one unit of duplex and rent the other for more than 2 years of last 5 years. Now I am thinking of selling it. Can anyone verify the tax treatment as of today that a gain from owner occupant unit is ap...

I have a note out to my tax person but they take a minute to get around to things sometimes, wanted to see if anyone has dealt with this situation before.Sold property in my LLC and purchased new property with a hard ...

Hi,I am considering buying NPLs in Spain. I have no experience in the field and understand fully it's not a simple endeavor. That being said, I was wondering if anyone had experience with it they could share or resour...

I am under the impression that I only need to use a 1031 exchange before the closing of sale.
At the moment I am already in contract to sell a property and I heard from someone today that I should have sold the pro...

Looking at selling one of my rentals and using proceeds to exchange in to buying a house from my mother that she is currently using as her weekend home. The property would then be used by me as a rental. Any potential...

Hey guys. This is my first year reallly getting going and it’s going great. I am looking into 1031 exchanges and just making sure I’m optimizing my taxes. I am looking for a CPA. But I would prefer one suggested by bi...