Tax and finance practitioners what % of your clients have any idea ? I find myself surprised at times
Hello,
I buy, hold and rent out single family residences. Each new acquisition I then depreciate using a standard straight depreciation - total cost of land improvements. I recently learned that I could expedite some...
I'm planning on buying a house at tax sale in the spring to hopefully flip and then 1031 into a rental later in 2018. I've read a few books, listened to every podcast I could find and bothered the nice folks down at...
Hello Community,I opened an LLC, purchased a flip with it in 2018, had a bunch of issues while rehabbing it, when we were done with it, it didn’t sell quickly, we try to refinance it, bank made me quit claim deed it ...
My wife and I make over $150,000 with our W2 jobs. Tax accountant basically said we make to much to write off the depreciation of our rentals. Can someone help me understand this and is continuing to buy rentals even ...
Flipping channels, watched 5 minutes of JB’s first campaign rally. Says eliminate stepped up basis on capital gains to help lower cost of education.
I am about to flip my first home. Should I employ a CPA or accountant to manage the expenses?
I'm a new member at BP, based in Northern Virginia. After listening to BP podcasts for a few years, I finally decided to join and I'm now looking to meet others in the DMV area that are on a real estate journey.
Abo...
Hello All,This is my first post here. Hopefully I've made it in the right place. I'm gathering as much information as I possibly can before continuing onto bidding at foreclosure auctions. One question I have is in re...
When I typed in "2018 tax plan" into the BP forums, I was surprised that I couldn't find anyone talking about the Capital Gains rule to selling your primary residence. Currently you must live in your home 2 of the pas...