Greetings. I am an out of state investor from California working with a partner to purchase long term buy and hold residential properties in Westmoreland county, Pennsylvania. Unfortunately, we have come across the ag...

I'm looking to take some courses at the local community collage to really add to my real estate skill set. My main business plan focus is doing BRRRR on multi-family units then quickly moving up to larger and larger a...

Help me make a comprehensive list of all the tax benefits of owning rental real estate!So far I have:-Depreciation =deduct home price (divided by 27.5) from your income, rental for active income-Rental income is taxed...

Hello BP Community,
I am relatively new to real estate investing and am currently looking for my first deal in Allentown, PA. I am not too familiar with the area as I am from NY but I am aware of the benefits of inve...

Tax related question on the Capital Gains Exclusion.- I purchased my first primary home in Feb ‘17.- I lived in the house until July ‘19 (total 2yrs 5months)- It has been a Rental from July ‘19 to now. - Roughly $250k...

Getting ready to buy my first rental property. I am coming into some money in the near future. My question is mostly related to tax benefits and cash flow. Is it better to buy out a property or put down the minimum c...

How would you structure this portfolio?
Here is the scenario. I have the deeds to 4 single family properties that are unoccupied, all owned by relatives who wish to pool them together to be developed for rental prope...

Hello BP  is  me  again.  I just found out that my girlfriend has some “benefits”  to buy a home being a teacher.  They can give you up to 70,000 down payment with the catch of when you sell the property they will get...

What’s the difference when it comes to taxes? What can you write off as a “Professional” that you can’t as a Non Professional. I’m referring to the IRS terms for investors and the differentiations.

Dear BP,I have an empty unit that is currently on the market.  I am accepting applications and interviewing prospective tenants.  I have heard rumors about people adding clauses in their new leases related to covid an...