Sam Marcos
Capital Gains on Sale of a Rental
My parents bought a house 10 years ago before the bubble. They bought it for $180k. They rented it for 10 years. Now they sold it for $195k. What is the capital gains?
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Selling Commercial Bldg to our C Corp
Does anyone know if we can sell a building, we own personally and lease it to our corporation, to the corporation for fair market value? For some reason it seems that we can not because it is a closer than arms lengt...
Shannon Kiefhaber
Moving real estate from S-corp to LLC
My family has a large portfolio of properties owned in an S-Corp (LLCs didn't exist when they started investing!) and we are now wanting to start transitioning ownership of the portfolio to the next generation. Our CP...
Shirley Pu
Should I hold or sell? Seeking advice
Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
Mariah Volk
A few questions!
New to this, so please be nice :)1. If we meet all of the requirements and choose to take bonus depreciation on an STR in 2024 (to take advantage of the 2024 40%), would recapture occur if we decided to change use in ...
Joshua Dorkin
Another Bank Bites the Dust
Integrity Bank Becomes 10th U.S. Failure This Year
Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming fr...
Christopher Davis
A few general accounting questions please
Hi, I'm a bit new to landlording/investing and I'm just trying to get mentally prepared for some fun tax filing next spring. Wondering if I may ask a couple general questions to the wonderful community here. In unchar...
Mariah Jeffery
Becoming RE Professional for Tax Purposes
All,My husband and I own 28 rent units in another state. I co-manager these with my father-in-law. He is local and does showings and maintenance, and sends apps to me for processing. I do the advertising, and have to ...
David Hedges
Preparing for possible tax changes.
I had been reading an article on marketwatch (https://www.marketwatch.com/st...), the part that stood out to me were the possible changes related to real estate that may be put into place. - eliminate the $25,000 exem...
Dylan Speer
Fire In Upstairs Unit, Tenant Moving Out
Hello BP,I own a condo on the bottom floor of a two-story building. I have a tenant who has lived in the property since September of this year and has a lease set to expire in March of this year. Unfortunately, there ...