I'm not going pretend that I understand anything about how the tax side of things work, but I was reading this article the other day by Michael Plaks (not sure how to tag people, sorry).https://www.biggerpockets.com/....

The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.
The complexi...

I looked at several prior posts, but did not see one with enough of the same variables.  Hopefully someone can weigh in. I hold a primary and a 2-fam rental.  I am looking to cash-out refi the 2-fam then pull HELOC fr...

Just finished construction on a duplex that I have a construction to primary residence permanent loan on with intent to occupy but after construction my life situation has changed and now I’m looking to sell.I know th...

Hello,Lets say you 1031 exchange into a new primary residence to defer 50k in capital gain tax. Subsequently, then sell the second primary residence after living there for 2 of the past 5 years and make 200k profit fr...

First of all - does anyone else feel like they are singing the alphabet?

I have heard the LLC or FLP is the way to go but what really does that do for me?

What are the pluses and minuses and differences between the ...

Hello, New to property rentals and wanted to figure out the finances as clearly as possible before embarking on this. My situation is that my rental  income will be less than expenses (mortgage, insurance, property ta...

Hay BP,New question about Tax Liens.  I'm going through the county records and I keep seeing tax liens held by a third party (LLCs, individuals, etc.).  I was wondering if the current owner of the property can still s...

Hello, I'm trying to find a list of homes that were already auctioned and sold.  Does anyone know where I can find that info?  I can find a list of homes that will be auctioned by the state (specifically CT in my case...

Hi all...first year as a landlord and have a question regarding the taxes we are filing.

We have owned the now-rental home for 15-16 years, decided to move and rent out the old house. We have an accountant h...