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 ...

Learn how rental property depreciation works and how to calculate it. It's an important factor that plays a role in maximizing deductions on your taxes.

We sold our rental property recently. When we bought it, we thought it would be a good source of passive income. But owning it wasn’t passive at all. It got to the point where the work and hassle ...

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 ...

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 ...

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 ...

"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 ...