Whats up BP fam,I just got off the phone with a owner of a house I found while driving for dollars. She says she wants to sell but she is afraid of paying capital gains taxes because she was killed by them when sellin...

Is anyone using the software YNAB (You Need a Budget) to operate their rental business? We currently use Quickbooks, but it lacks the budgeting portion that I am finding more and more critical to mapping out our cashf...

hey i need advice from a cpa. I plan to start marketing for my wholesaling business and will also need printer pc etc. How do i go about doing that I have one rental now which i conduct all my rental related costs un...

Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...

Hello,

I left my former company and since I was not fully vested I lost half of my 401k. I recently heard about rolling over what’s left into a SD-IRA. I have two questions with that.

How does it work with taxes if ...

i recently read an article that there is a 30% Federal Tax Credit for instakking Solar PanelsDoes anyone know if this is for investment properties as well

My wife and I currently own a two family home and live in  the first floor apartment. The second apartment is rented. The basement is completely renovated brand new. Our goal is to move out and buy a single family hom...

Hello BP Members,It's Kamran Siddiqi new to BP. About me: Masters in Microelectronics, worked in the corporate world for 12+ years. Started Oil & Gas Consultancy business with my brother in 2009.Got to $2M/year by...

Happy New Year!Hope everyone is as excited as I am for what 2020 has in stored. The possibilities are endless right? Since our favorite season is underway, tax season, I wanted to start a discussion about your favorit...

Hello all!I'm a (somewhat) recent college graduate with a degree in management accounting.  Contrary to my degree, I've started a professional career in tax accounting.  My fiance and I are both sick of flushing ~$1,0...