So, Monsieur Morneau has announced changes to private corporations and to the capital gains tax - but no real details. http://www.cbc.ca/news/politics/morneau-tax-change... I'm assuming this will effect a lot of us he...

Has anyone recently taken advantage of 100% bonus depreciation through a cost seg study to avoid having to do a 1031 on a large commercial property ($1MM+)? If so can you please message me or post about your experienc...

I am trying to figure out the best option for dealing with profits and Uncle Sam! I contacted a CPA and he is $210/hour- egads!! Hoping all of the experts on here can help.

When it comes time to divide the profits, i...

Hello, Anyone has experience using REPS status via their wife or husband to offset W-2?  MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...

If you're on BP, you probably already know that real estate is a smart way to invest and build wealth. There are many reasons for this - real property will almost never fall to zero, cash-flowing assets that also app...

Hi,I am in the process of selling a rental property. this was formerly my primary residence (3 of past 5 years) and has been rented for 2 years. it is paid off and I will net around $130k prior to taxes. my household ...

I'm under contract for a property with a seller that may entertain carrying (all not part)This would be my first attempt at this type of deal.  I'd like to make an offer that makes sense and is beneficial for all part...

Additional concerns: tax implications, risks, benefits, & any additional information especially involving paying the least amount taxes. 

I'll try to be brief with the fact!

- My wife and I purchased a single family home in 1998
- We moved out of that home (and the state) in August 2003
- We rented the home from that point until November 2005
- We have...

Good morning!I just recently completed my first live-in-flip and my family is getting ready to live a nomadic life style for a year or more. I am going to continue to move forward in my investing career during that ti...