Hey guys/gals. Straight to the pointI purchased a foreclusure for approx 24k, it didn't need much work, maybe 2k.  The Tax value with county is 37k for building and 5k for land.  When getting cost basis for straightli...

I purchased a duplex Jan 2015 to live in and update. In October 2017 I sold the duplex. I ended up putting close to 40,000 in updates and repairs. I did not report the sale of the duplex on my taxes because I didn’t r...

Hi,I'm a new real estate agent in New York and I'm trying to get work done using HGAR/OneKeyMLS. While viewing the map and property information the website keeps crashing. Has anyone else had this type of thing happen...

Hello. I have a six-family in New Bedford, Ma.  I think I read somewhere on BP using a property management company to fill a vacancy (for a fee equivalent to 1 month's rent).  I've done well managing the property myse...

Hello Bigger Pockets Community, I currently am looking at some properties in bend oregon that are in a designated opportunity zone area. The properties are a blank slate as there isnt much to them, but im looking for ...

I’m under contract on a duplex and want to make sure I capture all possible tax deductions. Can you deduct home inspection? I had read somewhere that you can roll lawyer costs (title, etc) into basis cost as well a...

I have some questions for anyone who would be will to message me about accounting at multi family properties. 

Unsure about Ca capital gains tax. My scenario:Bought a duplex 13 yrs ago for $237,500 but haven't lived in it for the last 6 yrs. want to list for $350,000. Will I be paying capital gain tax federally and through Ca?...

I went to closing the the other day on my first property. I signed papers but now my buyers agent is claiming that some fees from her realty company where left out of the paperwork and I owe 1700 additional dollars. P...

A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633. The home is 1,841 square feet and was constructed in 2009.
The use of t...