![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3059509/small_1719340373-avatar-natea81.jpg?twic=v1/output=image&v=2)
21 October 2024 | 176 replies
I dont think first time buyers usually even know that after owing the home and living in it for 2 years any profit up to 250k for single and 500k for married is tax FREE. the absolute best tax treatment we have in the US. in Markets that dont move as much might not be the same benefit..
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2027786/small_1695171842-avatar-nathanielc63.jpg?twic=v1/output=image&v=2)
13 October 2024 | 11 replies
Compared to pre-TCJA rules, there is no material change in the tax treatment of a building involved in a like-kind exchange, where a cost segregation study has been performed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1142725/small_1695760521-avatar-pattym10.jpg?twic=v1/output=image&v=2)
8 October 2024 | 4 replies
However, the exact treatment may depend on your accounting method (cash vs. accrual basis), but most individual taxpayers use the cash method, meaning they typically report expenses when paid.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3026550/small_1716071789-avatar-keganb7.jpg?twic=v1/output=image&v=2)
14 October 2024 | 37 replies
Many syndications provide tax benefits such as depreciation, which can offset income, and some offer favorable capital gains tax treatment when you sell.Municipal bonds are another tax-efficient way to diversify, as the interest earned is generally tax-free at the federal level, and sometimes state level too, depending on where you live.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/591479/small_1621493312-avatar-evero.jpg?twic=v1/output=image&v=2)
7 October 2024 | 35 replies
It became everything from a drug den to sex trafficking to an illegal auto body shop.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/254692/small_1694659923-avatar-roym.jpg?twic=v1/output=image&v=2)
8 October 2024 | 11 replies
Consult a CPA who knows what he is doing and file this: Notice of Inconsistent Treatment I have done this several times for investors who got screwed by the GP.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/367407/small_1625620385-avatar-amandap5.jpg?twic=v1/output=image&v=2)
8 October 2024 | 23 replies
A Recovery Residence that claims to offer services should be classified as a Residential Treatment Center-which includes staff and usually medical personnel.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2584138/small_1672067071-avatar-alexc852.jpg?twic=v1/output=image&v=2)
4 October 2024 | 3 replies
Bill the tenant for the damage and flea treatment.4.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2282290/small_1638160069-avatar-chidat1.jpg?twic=v1/output=image&v=2)
14 October 2024 | 420 replies
They're like corner boys for the local drug boss.