Thanks, like I said I am young and inexperienced in the taxation advantages and looking for some great insight! 

@Martin Mick IRS puts out a number of free publications to help you understand business deductions and taxation.

Hey Guys, quick question regarding the taxes I will pay on wholesale fees.      I plan to have a separate SMLLC for my wholesale business. This LLC will be taxed as a sole proprietorship starting out. What are all the...

Usually the rental property income taxation and reporting comes into play locally when you have invested in properties located in that country.Hope this helps

The you report them on your own home state return, too, but to avoid double taxation, your home state lets you take a credit against the taxes paid to another jurisdictionI could tell you even more, but that's enough for now.

I'm building out my business and in need of a CPA that handles self directed IRAs as well as multi state taxation for me, a California resident.

Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separ...

@Shaun R. there are several reasons but one primary factor could be the taxation status of the MGMT Co and any fringe benefits you may be looking to integrate

I am going to return that money later to him.I will invest that money in real estate so how to handle this situation for taxation?

There are 20+ CPAs and accountants on this site that specialize in real estate taxation.