Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...

Hello friends, I am just starting out as a rental property investor. I recently bought my second property as a primary residence and rented out the first one. The house I am renting out has PITI of 2700 and I rented i...

My fiance and I have twin boys and two other kids. We have a wonderful house of our own and we both have great jobs. Dan is the owner of a successful construction company and I am in marketing.
We bought this small h...

** Seller Finance Question** HI Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business ...

I’m 22 just bought my first property this past April and it isn’t the most fantastic purchase thus far. I’ve only made roughly $700 thus far including equity gain in the property. I do not live in this property and wh...

I have a job where I make good income, I'm in the highest bracket with my regular wages. I'm about to start buying some rental properties and am not excited about the prospect of all of my business earnings being taxe...

I recently bought a duplex and am going to rehab one of the units. It should cost me around 5-8k to do so. In the mean time I sold a property and profited about 38k. I know i will have to pay taxes on the 38k. My ques...

Hello everyone. I am about to sell a rental property that will result in 50k-75k in profit. The question I have, which I haven't been able to find a clear answer on, is will I have to pay the 15% tax on gains or 0%. M...

Hello BP Nation, I sure could use some help with a problem that I'm currently facing. So....... with my previous CPA (who has since unexpectedly retired) we did a cost segregation study on an asset that was placed int...

Hi,Assume there is no cost for mortgage requesting for my lender. Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%. If I have lump-sum free cash, should I just apply it to my mortgage to ...