It is my 50th birthday today April 15th. I find it appropriate that I am signing docs today!
As a Tax Baby I finally figured out after 50 years how to offset my tax burden through real estate! 

I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...

Three family members have owned a house for 10 years - always occupied by a family member.  This year we placed it in a LLC (Limited Liability Company) in order to rent it for about 3 months of the year.  Now we have ...

Hi, I'm looking for a CPA. I'm specifically looking for someone who has multiple rental units themselves, and knows small business taxes well (LLC specifically).

I need help reducing my tax burden, and managing my bu...

We have a home that was gifted to us worth approximately 250,000. We’ve been living in it for the last 10 years. We want to start investing in rental properties and are sitting on all this equity but are terrified and...

I am new to bigger pockets and currently owe a 3 unit rental property with the intentions to buy additional rental units in the next couple of years.  I am also interested in opening up a new small business / blog in ...

Hello, I just learn about the possibility of making extra income on whole sales, eventually planning on buying and flipping, and when I get enough I will like to have some rental properties. I am currently living on ...

Hello,My future father-in-law has decided he is exempt from paying his taxes because of his disabled status. I believe his status only exempts him from being removed from his property because of delinquent taxes, but ...

I have a 4xunit building in Minnesota selling for 240K, of which 106K goes to clear the bank, leaving 134K. Through a 1013 exchange, would it be possible to purchase a new property, for say,280K using the 134K plus 46...

From the definitions of who/what qualifies a purchaser/purchase for the highly touted $8000 tax credit, it appears that a change in title (to the buyer's name) is what constitutes the "qualifying event". Of course th...