As the title says, I'm SO confused. I'll get right to the point: I'm not sure how much I need to reinvest to do a 1031 and how much of a purchase price I need to purchase at. Everything I read says I have to purchase ...

Looking for a CPA or accountants advice about the tax implications of fixing and flipping a single family home. When I resell the home do I just pay standard income tax or do I pay capital gains tax as well? Can I ded...

I will soon be flipping homes in a newly created C-Corp.  My plan is to pay myself a salary and reduce the Corp's yearly net income to zero.  I would like the corporation to pay as many of my personal expenses as poss...

Hey BP new investor here and I would like to know what formula your using for your fix and flip properties. Please break it down into details so I can have a good understanding on how it works. Thanks in advance

I currently own a property in an LLC and a separate rental in my own name. I am planning on selling the property i own with my LLC and doing a 1031 to purchase another property. However, I was wondering if when I buy ...

I have a SFR that I had rented from 2017-2020. It was rented for 3 1/2 years so I missed the opportunity to sell as my primary home. I haven’t had any rental income from it since 2021. I bought it sole owner in 2005 a...

Hi all,

Wondering if a few of you NYC specialists could share some information on purchasing a condo in NYC. I'm specifically wondering if it's a worthwhile investment. So, I'd love to know a little more abou...

Hello friends,I am looking into selling on of my rental properties, my renter has lived there for about 2 years. By selling I’m looking to profit around $140K before taxes and notary fees etc...My question is tax rela...

Recently my wifes parents went ahead and split up their inheritance and my wife received her share of the inheritance, they wanted to do it before they died cause they would rather see her benefit while alive...Anyway...

First I want to thank everybody on this board for all the knowledge shared every day, as it has been a big help thus far. I spend more time lurking on BP than contributing, which is something I plan to change.

I sor...