Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M).  We are immediately buying another house for $1.2M.  As a married couple, we ge...

Hi -Newbie question. A favor, please. If you are using #s to explain something, please pull from the #s below.I am in the process of buying my first long-distance property. First the #s:$150k purchase price$50k repair...

Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...

Is there one website/location that would allow me to review/look through all the various Mortage Note Funds/opportunities?  If so could someone please provide me with that information?  Thank you.

Hey guys,  we often talk about the tax benefits of owning real estate.  Do these benefits extend beyond the rental income?  Could somebody give me a laymen's overview of how this works?

Hello! My wife and I own a vacation beach rental property. With the market going crazy, we are evaluating selling the property (along with some other reasons). The area I am having trouble with are the capital gains t...

All 1031 experts!I sold a condo in 2006 and used a 1031 exchange to buy a townhouse.  This year we will sell the townhouse.  I'm having a hard time calculating the taxes owed.  Depending the taxes, we may just to anot...

Hi, this is my first time posting. I have a tax question. My husband and I got lucky with our first property. We bought a home for $120k with the contingency that the woman who lived there could stay (divorce, but the...

First, appreciate all the replies to this topic. The reason I post this here is because I got totally different answers from two CPAs
Here is the story:
I bought the house as investment property and run it as STR fo...

Look mostly at multifamilies out here on the west coast I'm not seeing any cash flowing properties. Knowing rents in some of these markets, PMI would maybe be covered, but barely. So who is buying these properties? Wh...