Hi, I’m a first time cash buyer who bought 2 properties with my name on the property but am using private funding from parents as well (I pay them a monthly interest rate). I didn’t know about the 6 month refinance ru...

We have close to 30 rental houses and trying to run the books on them gets beyond tedious.  We use the Wave app to take pics of our receipts and then process them at a later time.  Now our CPA wants items broken out b...

Hello everyone and thanks in advance for any pointers or advice.I, as a seller, have had this home in escrow for over a month. Buyers were qualified and solid offer above asking. Inspection report came after 15 days a...

And what is the smallest amount of money can be put down using a master lease agreement to buy commercial real estate like an apartment building?

I got these from our tax prep guy.....

Crazy Tax Deductions that the IRS Allowed:

1. Parents put their child in clarinet lessons and argued that it would correct the child’s overbite. The IRS agreed and allowed them...

Hello all! We have a unique opportunity to purchase 2 homes on 1 lot. It's a large parcel that used to be 2 separate APN lots, but was made into one. There is a primary house on one side, and a smaller house at the ot...

Hello sorry for such a noob tax question but I just wanted some general guidance on how taxes would work in my case. I am fairly new to real estate and this is the first property I am considering flipping. This year o...

Can you write off or expense things purchased for upkeep of a rental unit come tax time? Things like paint, power tools like table saws and drills as well as items like water heaters, and bath tubs? I would be paying ...

One of the tenants will be leaving one of the units, and I am planning to do some remodeling (thinking about removing the carpet except for the bedrooms, and replace it with laminated wood flooring, as well as some pa...

Hey BiggerPockets Community! 👋 Excited to be part of such a great network of investors!
I’ve been working with real estate financials for a while, and I keep seeing one mistake that costs investors thousands: poor bo...