Hi fellow investors,I am finally moving from the analysis phase of my research to actually hoping to make a deal or two in the next couple months. I am in California but looking to invest in rental properties (SF and ...

If you are in the business of property development, are sales of homes held over one year considered capital gains, or ordinary income? Also, do you depreciate rehabbed property that you rent?

Thanks,

Steve

I'm considering buying a portfolio of 7 SFHs, and the seller wants the transaction to make a 1031 exchange so he can buy something larger. Can I split the portfolio up into 7 transactions so I can get 7 individual con...

I am planning on buying a SFH through FHA owner occupied loan, fixing it up and then selling it. How long do i have wait so i can sell it without paying the Capital Gain Tax and also how much is it for me to pay. Than...

There are a lot of forums here so I hope this one is appropriate...My wife and I are getting ready to close on a 4-plex in Pocatello ID and our first project needs to be the outside concrete.There are a couple of 20 f...

Hello,I was hoping you had the time to answer a few questions for me to better prepare for next years returns. First questions is me and my brother want to purchase a property together for our primary residence the ne...

We are renting our home at slightly below market value to a tenant we have personally known for a long time and whom we feel will be an outstanding long-term tenant. The tenant is aware that we are giving him a break....

If I am ever able to qualify as a real estate professional one year.... am I able to use ALL of my suspended losses from previous years against my ordinary income for the current year, if my total regular income for t...

This is a true story that happened to me in my first year of the house buying business. A man called on an ad and said he wanted to sell his house. When I met him, I sensed he was very sad. In a normal negotiation, th...

There’s a house around an area I really, really like. The owner owes $33K in taxes but the account is on deferral & the exemption is that she’s over 65 so she only pays $300 towards the debt. I don’t think it’s et...