swhampton7
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Yes, that's exactly how the transaction was handled. I was told by real estate attorney that my daughter could become an additional investor in the new property...
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I am self-employed. Use vehicle for managing own rental properties
Activity Feed for swhampton7
- Posted Re: How to handle tax treatement of additional partner on new rental property purchased using 1031 proceeds along with capital contribution from new partner. on Investors & landlords. October 7, 2024 6:11 PM
- Posted How to handle tax treatement of additional partner on new rental property purchased using 1031 proceeds along with capital contribution from new partner. on Investors & landlords. October 7, 2024 11:33 AM
- Posted how to claim expenses for renting vehicle for business related activities on Get your taxes done using TurboTax. February 13, 2023 1:48 PM
- Posted Re: Business Mileage Deduction on Get your taxes done using TurboTax. February 3, 2023 11:09 AM
- Posted Business Mileage Deduction on Get your taxes done using TurboTax. February 3, 2023 6:35 AM
- Cheered Re: Rental Income: Rent payments fom Rent Assitance given to tenant for DaveF1006. January 10, 2023 4:53 AM
- Posted Rental Income: Rent payments fom Rent Assitance given to tenant on Investors & landlords. January 9, 2023 11:50 AM
- Posted how to handle advanced Rent given to tenant> on Investors & landlords. January 8, 2023 8:59 AM
- Posted How to handle mileage deduction for a Partnership LLC when the vehicle supplied was not own or leased by either partner on Deductions & credits. April 1, 2022 9:54 AM