I'm posting this in the Investing area since I feel investors will be more knowledgeable about tax implications.I'm trying to sell a family member's (my aunt) house in Queens, NY and convert it into a cash flowing pro...

A seller named Al provided 80% financing on a commercial property he sold in 2008. The owner (Josh) is now selling the property and Al's loan will be paid off. Can anyone advise if there is a way to further defer the ...

I have a very unique situation I wanted to discuss with the community and all our accountants out there. 
I sold a 3 unit primary residence that I occupied for the last few years in December of 2019. I ended up doing...

Hello 1031 pros!I am preparing to move primary residences and at the same time, sell a rental property that's been in business use for about 10 years.  I am seeking to 1031 out of the rental and into a 'mixed use' pro...

I am wondering if the interest from a seller financed property is taxed as your income rate or as some sort of capital gains since it is result of the property sale?

Is it possible for one person to do a 1031 exchange out of a 4 person LLC? LLC was formed by 4 people (25% each) to purchase a commercial property. I am buying out the other three. I can dissolve the former LLC and st...

We are looking at selling a single family rental we have in the Portland area and buying another house in central Oregon - ideally we would like to build an ADU on the same property and live in the ADU while keeping t...

My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...

Hello,1. If I do a 1031 exchange on the rental property I buy will I be able depreciate for another 27.9 years?2. If I sell my property and I dis 1031 exchange properties before will I have to pay depreciation on all ...

I am the owner of 126.39 acres with two (2) homes that I am privately selling. Ten years ago when I  built the second home, I subdivided out 5.63 acres from the original 126.39 acres to put with this home. Partly to ...