so... both my wife and I have a W2 job. let's say our income is at around the 24% tax bracket. And then my real estate sales "part time"  let's say I made 50k in 2019. Does it mean the 50k commission income has to be ...

Hello All, I am trying to understand how 'boot' is taxed in a 1031 exchange. I am looking at a potential purchase from a relative and they might be interested in doing a 1031 into a new property, and I am wanting to e...

Hello everyone,
My wife is turning 59 1/2 yrs old soon. We're planning to buy a rental property using her IRA and old 401k and we're wondering what's the best route to take. We’re just old and confused. Is it better ...

Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...

I'm looking for some feedback to get an idea on how much I'll need to put back for taxes on capital gains from the sell of my first home.

Scenario:

I purchased my home March 15th, 2013. I moved in the w...

How is rental income taxed? For example if I have multiple investment cash flow properties and when tax season comes. Is the total income whether vacation rentals/ long term rent, taxed as regular income tax based on ...

I've been looking through the forum for a bit and I've seen bits and pieces about taxes, but I wanted to know if profits from wholesaling is considered earned income or not. I also wanted to know how entities get tre...

Team BB,How much money should I hold onto from the sale to prepare for tax time?  I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...

I have a question regarding 1031 Exchanges in regards to depreciation recapture and capital gains Taxes.  This is purely hypothetical, but I want to look forward to make sure I'm structuring everything correctly.  Als...

Good morning!
I am a new landlord of a condo and am curious about my tax write off's.  I'm clear what it is I can write off, what I'm not clear about is how much (or what %) of each category will come back to me.  He...