Q: How do I minimize taxes for my parents? They have a rental property and own it without a mortgage. They want to sell it to me. Here’s the problem: They want the money as a lump sum instead of ...

I’m going to sell a rental cabin I own, and the sale should bring me about $388,000. Should I take the proceeds from the sale and use it to pay off my home and other debt or use the money to buy ...

Gain on the sale of property depreciable by the purchaser is ordinary gain if the sale is between certain related parties. For this purpose, related parties are: (1) a person and a corporation or ...

Picking the right area to invest in real estate is hard enough. But add numerous unprecedented developments to the mix—a pandemic, high interest rates, and Americans fleeing to secondary cities at ...

Investing in real estate, and more specifically in rental properties, can be one of the most lucrative and safe investments people can make. With long-term appreciation, a monthly cash-flow and tax ...

Kathleen Braica, Anchin Private Client’s Florida office leader, provides tax, accounting and advisory to HNW individuals/families. anchin.com To continue reading ...

"I'm proud to be paying taxes in the United States. The only thing is -- I could be just as proud for half the money." -- Arthur Godfrey The tax code favors real estate ownership, but it treats sales ...

QWe have owned a house in the District for many years that we used for investment purposes. We finally decided to sell it, and have signed a sales contract. We know that our tenants have certain ...