On today's Bigger Pockets Podcast, Amanda Han said the following: "Let’s say you’re someone who is a high W2 income earner and you’re at the over 50% tax rate between federal and state. So even if you have a small sin...

I bought my primary residence last year and was not able to take any deductions. My accountant says going for itemized deductions did not make sense in my case because I will get a higher deduction on standardized. I ...

Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...

New IRS guidance and proposed regulations were issued yesterday for Opportunity Zones!I'm going to take a stab at summarizing some of the main elements of the proposed regulations given to us by the IRS yesterday. If ...

Thought this was a great information on how the tax reform will affect commercial real estate investors. I have not checked to see if it was posted and shared before. I apologize in advance if it has. How CRE Investor...

I have a situation that I am curious about. If i have a duplex and it has a mortgage of 1000/month and I am able to rent out one side for 1000/month and I live in the other side, would i pay taxes on that 1000? If i r...

Question on the depreciation deduction. My ex and I purchased a Multi-tenant house 20 years ago. During this time my ex and I rented out the studio, lived in the house and claimed depreciation on it. After 20 years I...

I have a newbie question regarding income for an LLC. If a property grosses a 100k, nets 50k after expenses, and then capitalizes the other 50k in improvements to the property, what is the income that is taxed? 100k?...

Hi i'm unsure of what are the requirements in investing in land. I know i have to pay taxes on it but what else is there that needs to be done?

What i'm really asking is there any other expense that i need to pay ev...

I sold 2 properties going into a 1031 exchange. it looks like i might have some leftover funds that will be unused and taxed on capital gain. my questions are:1) do i have a choice which property's proceed that exces...