Hello All!I am in the middle of making a purchase of a duplex in my area with some creative financing. I have run into a couple of questions and what better of a place to go for some real estate advice than BIGGER POC...

I have an LLC for flipping houses. I also have a lender/tax partner. My question is, how do I pay him And make sure that I’m not liable for the tax bill on his profits. I’ve been reading about 1099s and K1s, but he’s ...

Ok so I hired my son to work on my rental , he is 17. Some of what he does is not 1099 work but employee work so we should be withholding taxes and sending to the IRS. can anyone recommend an inexpensive service...

Hey BP family ! Any CPA’s out there lol  .  I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...

If not doing 1031

Hi All-I've been using excel spreadsheets and TurboTax to prepare my taxes over the years.  Now that my real estate portfolio is growing with multiple LLCs and strategies, it's starting to get more complicated.  So I'...

There is a large track of land close to my house that has back taxes owed to the county since 2010.  I found this info on a public notice website.  I've contacted the owner and said that I'd like to buy the property f...

I’m an investor by default (bought an apartment in Brooklyn, NY and then moved to Chicago and have been renting it for 7 years). Based on neighborhood conditions it’s time to sell and we stand to make a significant p...

Hi All! 
In Feb 2022 I bought and started managing my first airbnb. It has done well this year! But now that tax season is upon us I have a few concerns...
- My cleaner was paid about $9k via Venmo(this was a person...

One neighbor's house is on sale. The list agent said my neighbor brought it two years ago with cash and now she got a job in a new place and too far to communicate. I checked the sales history price and suddenly found...