I just purchased a new, larger home. I am house hacking and renting out one of the rooms. I use TurboTax for my taxes every year and they want to know what percentage of my home is being rented? Do I get to count any ...

New to real estate investing through unexpected scenario.  Looking for guidance on how I should approach this from my specific situation.  Here is the current situation.  
1. Father in law has a home in Seattle worth...

Hello BP fam,My wife and I are newbies, on real estate but had take a leap of faith to build a new Financial Life!We are planning to use the gains of our home sale on investing, and currently working on getting our bu...

After getting the hang of analyzing 2-4 family properties, I'm starting to look at some vacation properties as well.  What are some of the added expenses you deal on a vacation rental? Off the top of my head I'm think...

Please suggest the reading (book or articles) on SD LLC IRA so that I can comprehend the topic completely. I understand the basic idea but miss a lot of information
thanks

Hello all,

I am new to wholesaling and I was wondering what you all thought of this idea. I have been working with this agent who has been helping me find rental properties in my area. I am also considering wholesali...

If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence? Is there time limits to convert, I understand that there may be...

Hello!My husband and I own a multi family property in Los Angeles.  The front house is 3bed/2bath with a converted garage and the back is a duplex, 2bed/1.5 bath each that are both tenant occupied.  We want to sell th...

I'm selling my house and want to understand the tax implications on the sale, because I have lived in it as well as rented out a portion of it. I've been studying IRS publication 523 and I would like to get some input...

I need to understand what happens to the equity (for tax purposes) if I convert a single family home to a rental property.  Would this convert at a current tax cost basis?  For instance if I purchased a home for 125K ...