Peter Eiermann
To 1031 In A Tight Housing Market Or Not
I am selling a SFR rental property I have owned since 2008 and will realize a nice gain. All proceeds will go back into a new deal/s. Trying to decide if I should use a 1031 exchange, or take the tax hit and have cash...
Bill Exeter
GOOD NEWS! HOUSE WAYS AND MEANS COMMITTEE MARK-UP RELEASED
GOOD NEWS! HOUSE WAYS AND MEANS COMMITTEE MARK-UP has been released. At this point, here is what we know:
1031 Exchanges were NOT included in the mark-up, so no changes to 1031 Exchanges. The step-up in cos...
Julio Gonzalez
Cost Segregation Study on Single Family Home
A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850. The home is 2 stories and 2,806 square feet and was constructed in ...
Jeff Hink
Weekly Rentals Analysis?
Anybody have a good way of analyzing a weekly vacation rental condo or house?
Account Closed
Form 1098 for private lenders. Reporting MUSTS
Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098. Let’s break down these pr...
Joe Splitrock
Home Ownership Doesn't Build Wealth
A new study that was a collaboration of three universities concluded that in the nations 24 largest markets, only 4 showed median price increases between 2010 and 2016. (Three of four were in Northern California and t...
David Soest
My review of Lifestyles Unlimited in Houston Texas
I just got back from the two day seminar in Houston, been wanting to go for years and after losing 17K on my last flip I decided it was time to pay the $750.00 and go. If you know nothing about real estate I'd say it'...
Jeff Miller
Sec. 121: Is Home Office to Support Rental Treated Diff. vs. Other Home Business Use?
I'm trying to reconcile my (50/50) partners historical tax treatment of our mixed-use residential property with mine, among other things.
She's always had a tax pro, I've always DIY.
A big mistake: I've always done...
Iani Piha
Need some help. I'm just 20
Hello, my father's keep talking about this subject because someone told him how nice this subject with flipping houses is when you're smart and paying attention at the market. The difference is that he's focusing just...
Benjamin Smith
Waterfront in Maine direct sale
Hello, I haven’t posted here in a while. I relied heavily on bigger pockets to help guide me through the sale of a 4 plex in pittsburgh that we now own. It’s nice to be back. We are getting ready to purchase our first...