I don't live in Georgia but I own a few townhomes there for rent,.   3bed/2.5 baths - areas like Acworth and Marietta.    Bottom line I bought them ----halfway thru the Covid craze for $245k.   They were up to $345K v...

I have a rental property and am going through a divorce.  My wife will get our residence, and I'm interested in the rental house which is paid off and not currently under an LLC.  I'm interested in listing the house a...

Hello there,I'm in the process of selling my property and the selling value is $600,000 which will result a $80,000 ( I bought it for $520,000 ) capital gain. I have 2 questions regarding about the 1031 Exchange:1. Ca...

Hey BP, I was wondering if you live in a property for over two years and then move and rent it out for some time, do you still get the personal residence tax benefit? Or, do you have to live in it two years prior to s...

Hey guys, I've been going over the decision to buy property for a week now and using my friend's closing disclosure as a sample to analysis the home buying decision.  I've done a bit of work on the attached spreadshee...

Situation:1- W2 employee making $230000-$300000 a year. 2- owned 2 properties under personal name, 1 in LLCWhat are the best way to get tax benefits ?Renovated a house-hacked but because of the income, we could not de...

CPA question.  I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something.  Business owner (Joe) sales a small business ( not rea...

Hi Everyone, 
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property. 
This is the current situation:
House is 250K ARV, built in 19...

Hi team,I recently closed on a 4 bed single family property in Jacksonville. My plan is to live in it for a year and buy another property afterwards. For the meantime, I'm planning to rent out the three rooms to my da...

Hi,I have some money in my SEP and a potential investment in rental real estate (mixed use, cash flow positive multifamily to be specific). The question is, would there be any benefit to buying the property in my SEP ...