Hello.I have a foreign friend who is interested in invest in rental property, but there is one concern that he has to pay 30% withholding tax. We agree that I will be a manager for finding good deal since I know the m...

i thought 20% to LLC real estate was already included, but thanks anyway!  it's odd that nobody on BP seems to really be talking about all of this?  

Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...

I will be completing a 1031 exchange in the next couple of months. Selling prop in Washington and buying in Montana. My current property is titled to my wife and me as a married couple. We want to title the new prop i...

If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031?  They can mix up.If you buy each in different LLC names,  easier for 1031 tax purposes. ...

We’ve been renting out a single family home for the last year that is renovated to be a triplex. We’ve made a great return so far but the city has asked us to move back in to continue renting out the ADUs, so we’re op...

So, I've narrowed down buying a tax deed to three properties. One is at the top of the list because it's right by a nice college in town (Birmingham, AL). However, when I drove by it tonight I saw that it wasn't vacan...

Hey folks -

Would love to hear from those who own vehicles that are considered business expenses. Jumping from 1 to 5 units soon and I will be buying a used truck to have on hand for building materials, appliances, ...

I know that most of you are not qualified to give tax advice and I’m not seeking that exactly. I just wonder how much roughly %wise I should set aside to be taxed on. Im a licensed sales associate in Florida. 

A bill passed the House yesterday that would grant additional relief on top of what the IRS granted immediately after Hurricanes Harvey, Irma, and Maria. As some of you know, immediately after the Hurricanes, the IRS ...