Looking to sell my current property for $710,000 balance remaining is $580,000. Purchased October 2021, so it has not been 2 years yet. How much percentage capital gains tax will i pay?Is the capital gains tax calcula...

I am considering moving my IRA to a self-directed IRA and told a friend and he said he took the tax hit and depleted his IRA and is happy he did. He said even with the tax consequences he came out ahead. He has comp...

My wife and I just added our children to the deed of our house, which we currently have a mortgage on. We also happen to be in the middle of applying for a HELOC with the same mortgage lender. We started the applicat...

Hello.  I need to sell my home that I've rented out for the last 11 years to reduce my debt.  It should sell for $875 and I owe $430.  To avoid capital gains I would like to reinvest, without a loan.  Can I do a 1031 ...

If I lease purchase a home and pay a lease payment for 2 years and then find a buyer to buy it, do I still get to write off the whole capital gain amount even though I only owned it for an hour if its a double close?
...

I've Googled this extensively, and asked my accountant (who is not a real estate CPA)--Here are the basics:--We built the house in 2000--Divorced in 2009, house was quitclaimed to me--I lived in the house until mid-20...

Hey
everyone! I'm hoping for some advice as I look start my real estate journey. A
bit of background - I'm 28 years old, and have been contributing to my 401K for
the last 5 years. Thanks to all the great informati...

Getting everything ready to form my new LLC for my REI company and not sure which is the best way to go for tax purposes. S Corp or C CorpFor now it will be owned and operated by myself but my two sons may join later....

What's the best way to divest an apartment asset for an older owner who wants the best for their family is Option #11) hand down asset to children via a willOther options:2) Sell outright and pay taxes3) Exchange into...

I just bought a house at a sheriff's sale, but the owner has a history of foreclosures and coming up with the money during the redemption period. She told me she already has a list of people wanting to buy the redempt...