Hey BP! For my accountants and tax gurus out there...I started an LLC ready to start real estate investing right before COVID. Looks like I’m sitting this year out (based on the market). I have business expenses relat...

Can I buy the ag land next to my residence, lease it to a farmer at a loss against my apartments? Or would it be possible to set up my purchase (perhaps through a entity that does such arrangements or a relative) as ...

I just wanted to quickly run this by some of the more tax-adept members.

I am looking at investing in a property management partnership in Australia, while living in the US. What structure would be best to co...

I own 3 student rental properties in a city in Michigan that closely regulates rental properties. All single family houses are licensed for one family or a specific number of unrelated individuals. For example, 2 of...

I hate it when the rug gets pulled right out from under me... :(I have a fair sized fund of capital for a purchase and rehab for a property in LA that I was shopping around for, excellent credit, and well over six-fig...

If I live in my second home for more than 14 days out of the year (second home), what does this mean for all other income I received for STR for the year? How is this income taxed? Thank you

Hey BP Community,I recently picked up a rental in Florida. I previously understood that there is no state income tax. Does this apply to rental income? Outside of property taxes, what other tax obligations should I be...

Hi friends, I'm looking at Cozy and had a group question about the 1099 they report to the IRS after you hit 20k in received rents.   Is this an extra step or process at tax time?  Benefit /or hassle..Thanks for your ...

I have a question on how to calculate my tax deductions on rental expenses.Are these all considered expenses, therefore tax deductible?Mortgage interestReal estate taxesManagement feesMaintenance itemsI imagine that m...

Hello,so I am in the middle of my mother's estate. This is under a trust, so no probate.She passed on september 4th, the trust administration should take 2-3 months until all the assets are under my name.Question: whe...