Hi, I'm going to be selling a rental property in WA state and using a 1031 exchange to re-invest in another market.  Can anyone recommend a 1031 exchange custodian in WA State.  I'm told by a local bank where I live i...

Good evening BP,Out of curiosity, how much should one save off of the cash flow that one could make off every unit? For example, say I bought a home and it cash flows $400 a month after all expenses. Am I free to spen...

In a situation where somebody owns property free and clear and sells it to a friend and agree to non interest owner financing , what they need to report anything to IRS besides that one sold the property and the ot...

Newbie investor here.I've read that I can deduct depreciation from my expenses.... What other non-cash expenses can I take out? A maintenance reserve? A vacancy reserve? Or is this not allowed?Also, I know I can deduc...

Hello All,My name is Matthew Young and a currently live in Sterling, Virginia.  I currently work as a full-time CPA/tax accountant at a firm located in Bethesda, MD (WithumSmith+Brown).  I was born and raised in North...

Last week I was told to consider having my properties in a holding company. I'm not really familiar with this, I'm guessing it's having them under a corporation to limit liability and pay lower taxes? I have 4 propert...

Hey BP forum,After a few years of owning a rental property, I am looking forward to selling it this year. I was considering a 1031 exchange, but lately I've been thinking that if the capital gains tax is low, I may ch...

I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...

Hello,
Will I find any tax advantages / benefit by creating an LLC for my live-in Airbnb?
What are some of the upfront processes that I should be aware of that will affect profit and/ or taxation pertaining to this ...

Folks doing self- managed STR, how are you doing your monthly taxes (hotel-motel tax) etc? This online service is promising a bunch of things inlcuding
Provide you the lodging tax rate specific to your property...