Hey guys,

I feel like I've asked this question a million times and the answer is no. But I want to minimize my tax burden on a house I am in the process of flipping. I am only planning to hold the house for 3 months...

I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...

Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...

Long story short, I purchased a condo about a month ago in Lakewood, CO and there were already tenants in there. They have a lease through February of next year. Just got a call last week that they are now having a be...

BP Tax Gurus,My question is regarding short term rehabs.  I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...

Hello, I posted in another forum a similar question.. I am curious about what type of entity Canadians investors use for lets say 2-3 rentals in the State of Florida... in term of the less expensive yearly costs and a...

I'm curious to know from either a landlord or tenant perspective. What things are necessities in a rental property for you to even consider it "rentable"? Example; window treatments, furniture, lamps, etc.

I have a f...

Hi BP Team,Hoping there is a tax professional out there that can address my question.  I recently realized a significant 1231 loss.  I understand there is a 5 year carry over on this so if i realize any gains those ga...

I know this sounds crazy, but I've been told that diesel fuel will get rid of termites. I'm sure there are environmental issues with this, but I would be terrified of a fire - even years after the treatment. If the in...

I am looking a bank owned home in my area. One thing I noticed was the basement was covered in a white film. It looks like it was something someone sprayed on. I don't have real good picture of it but I thought I woul...