I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...

I’m looking for insight on investing in small multi family’s and single family rental properties for cashflow in USA while being a resident of Canada. I see a lot of deals and opportunity.

I own a rental in CO (over 5 years definitely classified as 'investment property').  I may be moving to CA soon.I have plans to sell the CO rental in the next few months.From what I have read, it appears that it's bet...

Hey all,

I’m working on wholesaling right now and to be honest I don’t know much about taxes. I’ve only had to do my taxes once or twice and only through turbotax and such. Is there a certain percentage of my wholesa...

I'm thinking of converting some/all of my Traditional IRA to my Roth.  I know there will be taxes to pay.  If I move to a no tax state like TX or FL it would seem I don't have to pay state tax on the transfer, is that...

I will be looking to sell my SFH in Milw soon.  Have lived in it > 2 years - so I can take the tax credit - expect sale around $215K.  No mortgage - owned free and clear.   Also likely to sell as FSBO (w/ mls listi...

I'm curious what the capital gains will be on a rental that I have held for 2+ years.  I am married filing jointly & will have gross income for 2017 between 90-100k, but with 401k and IRA contributions could get t...

I have a full time job. I am planning on opening an LLC for my brand new business and I'm going to hire somebody to run that business. I know when you are self employed you can show business expenses, would i be able ...

I am working on making an offer on my first real estate deal, the plan is to flip the house.  I know the profits will be taxed as regular income, and I am trying to figure out if what I am thinking okay. . .  Unoffici...

My parents have some mutual funds that they want to give to my 3 kids while the markets are down. All 3 children are minors. What is the best way to minimize taxes in this situation? Transfer or sell and buy back into...