Hi guys i have a question for everyone and hopefully someone can help me out about me selling my home. I bought the home in February of 2017 and i rented it out in November of 2019. My tenants are moving out this end ...

Hi all,I am currently in the process of selling a vacant lot owned by my LLC in Washington state. I have owned the property for about 2 years and will only make about $8k, but I was wondering if there is a way to avoi...

So, I'm curious if any one has heard our read about a proposal of unrealized capital gains? Meaning if my house gains value, will I be taxed on it? This terrifies me. 

Hello! this link was very helpful thank you so much for taking the time to post it. My question is regarding the Capital Gain Exemption...
What if I bought a Property: January 1, 2015 for $500,000
Rented it out unt...

If I start a house flipping BUSINESS under an LLC, do I still pay capital gains tax like an individual would?

I’m not sure if this has been answered, but I haven’t found something I understand. I’m having a hard time finding out... I have a house in an LLC that was sold this month. We have owned the house for three years. One...

A few months back I bought a 2 Unit Bldg. I used a 203k to upgrade the bathrooms & kitchens in both units. I also reside in one of the units. I definitely want to do another one, I'm just trying to figure out if ...

Hi all, quick question here.  I'm selling my Texas rental property and I live in California.  I know that I would have to pay a federal capital gains tax if I don't do a 1031 exchange. Does anyone know if I have to pa...

Quick question for anyone who is tax savvy out there. If you use a repair allowance from a purchase to repair your property and you sell that property not using a 1031 and it was not your primary residence for at leas...

I am trying to figure out if I would have to pay Capital Gains on a house. The house when's our primary home and then we rented it out for three years before moving back. So we have lived in the House 2 out of the las...