New answers tagged real-estate
3
votes
US Short Term Rental - Can You Deduct The Full Property Depreciation And Property Taxes For A Primary Residence?
You prorate the deduction based on the business use days. For the days when the property is not available for rent you cannot deduct the expenses. See the IRS Publication 527.
- 166k
3
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How to disburse capital gains between two people with minimal taxes?
As I've alluded in the comment (now deleted), the fact that you're not on the deed means you're not actually entitled to any proceeds from the sale directly to you. You have no ownership in the ...
- 166k
15
votes
Is a buyout of an inherited house in a trust an option?
It's a question to an estate attorney. The whole point of trusts is to avoid probate, which includes these kinds of issues. The property is owned by the trust, and as the trustee your job and legal ...
- 166k
0
votes
Should I become real estate agent to save on buying my own home and sell existing one?
If you can pass the exam, its' worth it to just get a licensee. Don't listen to anyone else on here. Obviously, by you asking this question you are indicating that you have the potential to be ...
1
vote
Retroactive property valuation
If a question is "is it legal" then you probably want to talk to an attorney. If the amounts are significant to you then that's what I'd advise you do.
Generally, in California reassessments ...
- 166k
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