9 August 2024 | 39 replies
All income to a traditional IRA has the same tax treatment and any earnings will be considered regular income when distributed - whether from stocks or real estate.
6 July 2022 | 10 replies
I've been working through Brandon Hall's guide to the treatment of closing costs (link) while finishing up a refinance, and I think I have everything figured out except when he says that some costs are "Added to the cost basis of the property and depreciated".
1 November 2024 | 48 replies
Hi All - I've seen quite a bit of confusion on the application of the Passive Activity Loss Rules and Short Term Rentals. Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...
21 August 2024 | 28 replies
For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...
5 April 2023 | 34 replies
I don't think there's any excuse for this treatment.
28 March 2019 | 10 replies
And as of 2018 only real estate itself is eligible for 1031 treatment.
17 September 2021 | 32 replies
One could argue that both are assets, but the treatment of both is much different.I wonder why land is treated different?
30 October 2017 | 106 replies
@Ash Patel so you aren't surprised about potential cap gains and application of 1031 treatment, you might want to check your paperwork now versus waiting until a potential sale and being surprised.I agree with you about how the syndicate is structured could offer 1031 treatment, you may have invested as a TIC (tenants in common).
26 October 2021 | 51 replies
I also would make sure the doctor/psychologist puts something in writing stating "(1) Pit Bull" is required for treatment.
3 June 2018 | 142 replies
I bought a few window treatments and called it the day.