
15 September 2025 | 12 replies
It sounds like it would be a great candidate for a 1031 exchange.The requirement is not that you had rented it out but you held it for investment purposes.Have a conversation with an accountant to determine what your gain / tax will be upon sale.

25 September 2025 | 114 replies
FYI, a Cost Segregation Study will "not" increase your chances of an IRS audit.

1 October 2025 | 10 replies
The IRS treats single-member LLCs as disregarded entities (they’re taxed the same as if you held the property personally).

6 October 2025 | 17 replies
I’m 19 years old and currently focused on saving and preparing for when the right opportunity comes. My plan is to use a 3.5% FHA loan to get started and then refinance into a conventional loan after 12 months.
For t...

22 September 2025 | 8 replies
Here is a short article about this: http://www.nolo.com/legal-encyclopedia/can-you-ded...And the link to the IRS publications regarding this issue: https://www.irs.gov/publications/p550/ch03.html#en...

4 October 2025 | 5 replies
., flipping or developing with the intent to sell).As Josh explains, the IRS and courts tend to focus heavily on intent and the taxpayer’s ordinary course of business.

8 October 2025 | 72 replies
The IRS defines eligibility by the occupancy of the property, how the mortgage is being used, and of course, the amount of the debt being paid.

6 October 2025 | 13 replies
Because of their unique structures have been blessed by the IRS specifically to work with 1031 exchanges.

30 September 2025 | 1 reply
With tax foreclosures the mortgage is usually wiped, but other liens (like IRS or municipal) can still stick, so worth double-checking with the county or a title pro.

3 October 2025 | 4 replies
This is a list of all the paperwork I plan to collect so far:1) IRS Form W-92) Independent Contractor Agreement3) Scope of Work4) Payment Schedule5) Insurance & Indemnification Agreement6 ) Lien Waiver (after work is completed)(I have already gotten their license and insurance information)For the experienced flippers out there -- are there any other documents you normally collect from your contractors?