Congress, US Treasury, and the IRS have been involved in a flurry of activity at year end. Congress passed the Taxpayer Certainty and Disaster Tax Relief Act which is effectively a tax extender bill, and then also pas...

Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?

I couldn't resist.

http://www.businessinsider.com/jon-stewart-rips-on-cnbc-rick-santelli-2009-3

It seems to me that the old principle of fair exchange of products and services for money is all but gone. It became a feast of greed where the name of the game is "I am smarter than you and therefore, I can screw you...

Hypothesis:Party 1 owns an investment property and would like to sell and purchase a like-kind property. Party 2 also owns an investment property and would like to purchase a like-kind property. Both parties would lik...

How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...

Hey all! 
Me and a friend of mine will be partnering on our first BRRRR deal. I am an out of state investor, and already purchased the place in cash. Because he is local and has some experience flipping, he agreed to...

I am planning to purchase a rental property with my brother. We are a bit new but have done our research with regards to the property. We are fuzzy on the legal side and will probably consult with a lawyer but thought...

Hello,My husband and I are looking into selling of our first rental property. We bought it in 2010 as a primary residence (so under our personal name), and later converted it to a rental (still under our personal name...

Greetings all,My wife and I have four rentals in four different states and after I cam across a BP podcast last month, we have been considering our options to finally get serious about our investments.  However, we ne...