I have a rental property that I am thinking of selling soon. I want to determine the tax rate and amount I will pay when I sell it. I have a marginal federal income tax rate of 22%. No 1031 exchange. For example: I pa...

Hey BP Community,I recently picked up a rental in Florida. I previously understood that there is no state income tax. Does this apply to rental income? Outside of property taxes, what other tax obligations should I be...

So, I have a duplex that has about $150,000 in equity and I am starting to think about purchasing my next investment property. Ideally I'd take $20-$30k out with a HELOC to fund my next downpayment. I hear that gettin...

Just out of curiousity because pretty much wholesalers only get checks. Is tax ever deducted or is it deducted from the closing.

Any tips/things to look for when dealing with foreclosures on auction.com, Ive been researching for awhile need some help 

Hey y'all, I owner occupied and house hacked my current residence for nearly a year and am looking to open a HELOC on it. I am moving out to do the same thing all over again but would like to access the equity built i...

I’m looking for a tax professional to help me amend my 2022 taxes. My filings are federal and Maryland. Thanks in advance Richard 

So, I get a PM from a mortgage broker in another state asking about private lending. I told him to feel free to ask any questions and he sent me enough to write a book LOL!Anyways, I want to offer my personal experien...

Hi all,I am a newbie investor living in CA and I am just about to close my first rental purchase in IL. But, my CPA told me that since I live in CA and the rent is coming from IL, the rental income will be double taxe...

So I'm in the final stages of living 100% off of my rentals. As I prepare to take the final steps (probably in the next 12 months or less) I'm trying to answer a couple nagging questions I have.  First, is there any t...