Wondering how you might charge against security deposite for a dented stainless steel dishwasher? Not a giant dent but quite noticeable none the less. A new panel from manu is more than replaceing the whole dishwasher...

Hello,
Please excuse my ignorance in this matter. Trying to figure out the best way to set everything up.
This is the situation:

My long time friend and now business partner has the financial means to finance our rea...

Is there an alternative to doing a irs 1031Exchange. Rolling to a alternative temporary. If replacing property can not be accomplished in time?

I'm considering selling a property to a family member below current market value.  For the purpose of determining potential capital gains/losses, I need to establish a fair market value that will hold up to IRS standa...

Currently reading Why the rich are getting richer by Kiyosaki and for the record enjoying it just as much as his other books that I have done.In Chapter 14 he gives the example of Mary a 40yr old W2 earner of 100K pay...

Looking for advice on how to structure a deal to minimize tax consequences for my partner. I am partnering up with another person who just wants to bring money to the deal. All they ask for is equity appreciation down...

Hi BP, I am a new investor and new to BP. I have recently purchased 3 lots of land off a post auction list in Arkansas and want to resell. And reading up on the Limited Warranty Deed that is given, this doesn't clear ...

Hello,
When purchasing land or rental properties can this be a deduction ? My LLc is primary over our retail business and we were hit hard with owing quiet a bit of taxes around the sum of 48,500.00 for 2019. I’m tr...

We started out just adding a room addition to a house. We're now looking at a $60,000 loss and 9 months to completion. We got the permits and built the addition. When the contractor started to tie into the existing ho...

I recently reviewed my tax return for 2018 prepared by my CPA and noticed that the amount deducted this year for depreciation was significantly less than years prior.  He used the Excess Business Interest Expense form...