The House Bought in tax sale .House is up for sale .Call the agent ask her to remove the sign and listing and Lock box on 6-30-17 .How long Should i Give the agent to removal sign listing and lock box.What are my opt...
My tenant paid a portion of their rent for December on 12/31/24 (late). I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025?
Looks as though the IRS is providing relief to individual and business taxpayers in Texas by extending the federal tax deadline to June 15. I'd be shocked if the deadline for all taxpayers doesn't receive the same ex...
I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...
Last September while going through a transition to more passive real estate I started doing real estate photography for a photography company 1099. We became very busy this year and I started making great connections ...
Hello,So my ex-wife and I kept a Single Home rental in Central Oregon during and after our divorce. Unfortunately had to sell our Duplex in pendency of the divorce, which was cash-flowing wonderfully. We kept the sing...
Hi BiggerPockets,My husband and I are foreign owners of a condo in Florida that we want to sell to buy other investment properties. We didn't form a LLC at the time of buying. Now we're told that we should have in ord...
Any opinions on how many "buy/sell" transactions it takes to make you a "dealer" in the eyes of the IRS?
Selling property in an LLC that I own with another investor. I'd like to 1031 exchange my portion into another property that I'd buy myself. Kosher?
BP, I am in the fact-finding stage. I know the general rules of a 1031 exchange. I read something about purchasing properties you already own, is not allowed, in a 1031 exchange. However, I read a few things about how...