I have 8 doors that are investments. I have children and a fulltime job. I would like to find tax strategies to reduce my taxable income. All houses right now are mortgaged through my name/social, but deeded over to r...

We are under contract on a property. We have 60 thousand dollars in a 1031. The seller is willing to charge us 30k in points to seller finance the deal. However, we would like 25k back after closing for repairs etc. Q...

Hi BP,I am planning to purchase my first property to rent. I want to start with a simple deal first so I decided to purchase an apartment which could be easy to manage. Let me start with some facts before having quest...

So I registered an LLC with the intentions of opening a business checking account and running all the finances for our rental property through that account.We are not closing with the LLC on title, but I want a bank a...

I’m in the process of putting my business together, though my husband and I have not yet purchased a property. I want to put a hard focus on laying the groundwork to create a business that is poised to scale. Once we ...

Hi All. I'm a new member who has been battling the all to common question of hold vs sell. My situation is perhaps a little different, in that I'm in a position to sell my only rental property, which was my first home...

I am working through my 2019 tax return, which is significantly impacted by a $200K renovation of a 12-unit apartment building that I finished late last year. I recognize that repairs are deductible in the year of and...

Hello all!

Long-time reader (lurker) and first time poster. I'm currently doing some wholesaling and looking to pick up some buy and holds along the way.

I'm curious to know what questions investors as...

Hi BP,

I'm new to REI and looking to build my team per the Ultimate Guide. Does anyone have a recommendation for a great accountant in the Silver Spring, MD/Baltimore area?

Thanks!

Alison

I've been doing my own tax returns for over 20 years. Last year in addition to my regular real estate transactions as a real estate agent, I bought and flipped a SFR. Normally, I use turbotax business and have found t...