I made my first upset tax sale purchase 2 weeks ago in Columbia County PA. A nice 1.1 acre wooded lot with a creek right off the highway (with a fire-damaged house) for $3500.  It came with a $4500 PA public assistan...

Hey Guys,I'm new to real estate investing and I'm looking for advice on tax deed sales and foreclosure auctions. Mainly on how to beat the crowd and competition through creative strategies. Where can I get some pointe...

Guys - this is regarding investing passively in multi-family. Can you take unallowed losses accumulated for a property directly against capital gains when the property is sold? In addition, am I accurate in stating th...

Anyone paying attention noticed a pretty significant perk for RE investors. The current bonus depreciation rules mean large year 1-5 depreciation and many investors stack large NOL carryforwards. Some are advising tha...

Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for t...

Does anyone know if you can take a HELOC on a single family home that you own in your Solo 401k? And if so, who are some good lenders out there that offer this type of HELOC? Thank you!

I try to be frugal and dedicated.I read books on the tax benefits of real estate. I then filed my first year with TurboTax and was all of a sudden surprised. A lot of tax deductions didn't apply to me due to my income...

Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...

Hey guys,I have a client here in Southern Florida who has just closed on their house 5 days ago. They received around 70k in profit, do they have to pay taxes on this amount or would this be a good situation to do a 1...

Good Day BP Family,

I stumbled upon this information regarding a change (at least to the form) the IRS has made effective Nov 2013 regarding estate assets. Its a disclaimer paragraph added to Form 10492 which...