BankUnited's failure marks 34th bank to close so far this year, will cost FDIC $4.9 billion.
Hey Jeff, they got another one!
http://finance.yahoo.com/news/Regulators-seize-Floridas-apf-15323245.html?sec=topStories&...
Just received a newsletter from my estate planning firm with the following info. First time I hear of this. If true, this has substantial impact on how we work with our IRAs and something to consider when nudging...
I have an aging duplex purchased in 2012 with substantial gains and I'm considering cashing out to build a 4plex. Would this be considered a "like kind" exchange in the eyes of Almighty IRS b/c it's a new construction...
I have a question in regards to us getting a property and doing it correctly. We are actually closing on it this week and were under impression that we cud put the house into our llc and rent from the llc. then potent...
Hello, Newbie hereBirmingham, ALI recently purchased a tax lien to a property that has a residential structure , i have received the certificate already and the property has been assessed in my name (received the cert...
Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 e...
I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...
Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Scenario:Single-family home purchased for 49K. Rehab: 25kIf we sell for 95k and want to 1031 exchange does the next property have to be more than selling price or does it simply have to be more than original purchase...
Hey BP Nation, @Yonah Weiss When doing a coat segregation study, how do they establish land vs structure values in a high land cost area? On several podcasts I’ve heard that the land is anywhere between 15 - 20% of pu...