Like-kind property definition in a 1031 exchange

definition of a like-kind property

When an investor sells a property for a profit, the gain on sale is subject to capital gains taxes. To defer taxes on a capital gain, many investors choose to reinvest their sales proceeds in a new like-kind property in a 1031 Exchange. This article by Lilypads focuses on the like-kind property definition in a… Continue reading Like-kind property definition in a 1031 exchange

Impact of depreciation on REITs and private placement investments

depreciation on REITs

Many investors want to know the impact of depreciation on private placement investments and also on REIT investments. This blog is for those investors. Through this blog, we will deliver a brief overview of depreciation and its impact on private placement investments and REIT investments. So, go through the sneak peek of the blog to… Continue reading Impact of depreciation on REITs and private placement investments

How can you use rental property depreciation for tax deductions?

rental property depreciation

Before we jump into how to maximize rental property tax deductions, let’s take a quick sneak through how real estate depreciation actually works. Simply put, Depreciation refers to the process of subtracting the deductible expenses of buying, modifying, or renovating a rental property. Instead of taking away a lump sum amount in the current year… Continue reading How can you use rental property depreciation for tax deductions?