This year, I purchased my first three rental properties, have a question about the taxes on that income.With this new source of income, do I need to be contributing to the taxes due throughout the year similar to how...

So I'm preparing to pull cash out of 2 properties I own free and clear and going through a portfolio lender. They require the property to be owned by an entity not me personally. Ive seen a few threads that mention a ...

Hi, I am Canadian investor in US real estate in Indiana State. My goal is to flip property under individual name. I am seeking advise of accountant familiar with foreign income tax in US real estate and have followin...

Hello BP community! The wealth of information on BP is truly unprecedented and I am hoping I can tap into the community for some direction. A little bit about me, for the past 18 months I have been wholesaling and f...

Hi, I am looking for a tax planner that can take a look at my legal entity structure and help me strike a balance between reducing my tax liability without knocking down my my leverage.

Any Texas, Louisiana, and Oklahoma Oil Industry folks on the forum?I was looking into an investment opportunity involving the oil industry and was wondering if anyone has experience with oil exploration Participation ...

I have a friend who is selling a condo in San Diego and they told me they are being hit with what they called a "State sales tax" that amounts to about 3% of sales price!To be clear, this is something separate from ca...

Hi BP friends,I was researching 1031 exchanges and couldn't find a concrete answer to my question. Imagine this scenario;An owner bought a building at $350K with a conventional mortgage. Owner sells building for $1M, ...

So, long story short....how? I'm close to closing on my first property and realized that I haven't heard about this in any of the podcasts. So, that being said. HOW does a landlord pay themselves?

I own a personal residence with A LOT of equity.  I'm single, so if I sell it I can avoid tax on $250K of cap gains, but there would be significantly more than that.  If I sell the property, and roll the proceeds into...