(Resulting in only 2/16th tax free (12.5%)) Then you can choose to do a 1031 with the reminding 25% or pay the taxes.  

I hope you can still use your beneficial VA loan products.

@Amy Houghton The STR tax loophole generally does not apply to midterm rentals which are typically leased for 30 days or more.

LLC), and what tax obligations or withholding rules should I expect? 

Yessss, Rohullah I appreciate all the feedback regarding taxes!

A contract for purchase satisfies the identification requirements.Just remember that, in order to defer all of the tax, you must purchase at least as much as your net sale ( contract price minus closing costs) and use all of the proceeds (any equity received in your 1031 exchange.

This info can be key for people, especially as a new year approaches and many are rethinking their taxes.

Here’s a comparison of average homeowners insurance costs and property tax rates in 2025 for Florida, Nevada, and Texas:StateAvg.

Quote from @Sean Bozigian: Hi everyone,I’m looking for recommendations for a CPA.My current one is moving into a new role, so I’ll be handed off this coming tax season.

I'm getting ready to start investing in the Port Huron market in SE Michigan and had a question about depreciation; I spoke with a CPA who told me that unless I'm a Real Estate Professional, I can only use depreciatio...