
17 August 2018 | 19 replies
There is no capacity for making contributions to an IRA in-kind, and the IRS certainly has no interest in trying to properly attribute value to an individual's services as contributions - so much room for mis-interpretation and malfeasance....

13 July 2018 | 25 replies
Your property seems to have some attributes that set it apart from others which would make finding comps difficult.

14 July 2018 | 5 replies
I have a couple of properties that were part of larger trades and their attributes are different than SFR.
18 July 2018 | 31 replies
Taxes attributed to rental properties are reported on Schedule E or Form 8825 for an entity.
19 July 2018 | 4 replies
Banks have also informed me that they could attribute no income to me, since I'm moving and starting a new firm.

20 July 2018 | 3 replies
What are the main attributes you believe an extraordinary Realtor must have?

15 September 2018 | 10 replies
- What skills, attributes and experiences do you and your husband have?

23 July 2018 | 18 replies
A quote attributed to Abe Lincoln (I believe) goes something like this:"If I have 4 hours to chop down a tree, I'd spend the first 3 sharpening my axe."

12 June 2018 | 8 replies
When you sell the first thing that happens is that the sale must be apportioned between primary residence and investment. 1/3rd of the sale would be around $600K (the primary residence portion)2/3rds of the sale would be around 1.2mil (the investment portion1/3rd of the gain would be around $283K (the primary residence portion)2/3rds of the gain would be around $566K (the investment portion)When you sell you would get the gain attributed to the primary residence portion - $283K tax free.The remaining gain would either be taxable or your could do a 1031 exchange.The requirements of the 1031 exchange are that you purchase at least as much as your net sale (1.2 mil ish) and you use all of the cash from the sale (I don't know your debt but it would be the net cash minus the $283 that goes to you tax free).

11 June 2018 | 10 replies
To be clear, when you sell the property you later move into, the 121 exclusion would only apply to, or part of, the gain on That property.....whatever gains/depreciation recapture deferred in the 1031, attributed to that property would still be due.