Hay BP, I need some advice.
I closed on my first SFR in January this year, I should be completing repairs by the end of this month... might be mid next month. The question I have is this. Should I rent it or sell i...

My family owns a single family home and has recently considered renting it on AirBnb. This is a unique property as it is on a lake and has a private dock. It is also a double-wide mobile home so I feel like a cost seg...

I did a fair amount of reading and binging / googling and couldn't find a specific answer to this question. If after reducing my gross rents by all allowable deductibles, I have $10,000 in remaining profit for the yea...

I took a Cares Act 401(k) distribution this year, and am wondering about options to split the income. I know the IRS says I can pay the tax all in the first year, or "ratably over 3 years." Right or wrong, I'm of the...

How would you determine if a cost segregation could benefit you?

I’m trying to decide if I should claim depreciation on my rental property. The main reason I’m hesitant is that I’m currently a student in a low tax bracket and plan to be in a higher tax bracket out of college and so...

Hi. I understand with flipping you have to pay ordinary income taxes on the profit.Could anyone explain how taxes would be for a partnership, in which profits would be divided 50-50 in the following scenario: ==one pa...

Considering the tax benefits of seller financing for the buyer and seller.

US Tax law is based on citizenship, not residency, you face the risk of double taxation if your foreign country of choice does not operate a double taxation treaty with the US. Does anyone have further experience with...

Hello investors, I purchased the property in tax lien sale in March but it requires more rehab than I can handle. Now it’s under contract for sale. I’m getting some profit out of it. Is there different tax bracket if ...