Are you navigating a Sec. 1031 exchange or facing deferred tax gains and looking to understand how to optimize your deductions?Today I wanted to share with you how to maximize deductions on like-kind exchanges using c...

All, I'm closing this week on a multifamily deal. We're doing a double close and the holding period is just 1 day so I don't think I can qualify for the 1031 exchange. Let's say I'll get paid out around 250K. To my kn...

After another break in, I’m looking for up-to-date info regarding video surveillance during rehabs. I’ve been looking into both WiFi and cellular options, but couldn’t find what it would cost for cellular. This is my ...

If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?

4 bed 2.5 ba house. 2 Bed upstairs 2 bed downstairs..legal with egress. Under contract and will cash flow nicely. B to B+ area. Issue is the previous owner remodeled around the water shutoff and septic clean out ...

3 - 4  weeks ago, I closed on another property which will be a hold property (rental) and I may sell it after about 5 to 10 years as a rental.. Now, that property needs a full rehab and I'm doing 95+% of all work myse...

Hello,I am a new investor and I have a question for the BP community.  This year I will receive a sizable salary bonus from my employer.  Through our retirement program we have the ability to defer 100% of our bonus t...

I recently reviewed my taxes prepared by my CPA. I discussed with him the option of bonus depreciation.  He asked for specific cost items.  These included HVAC, roof, fire alarm and security system, cost of beds, furn...

I really need some help understanding the bonus depreciation tax laws.  I have an STR that was placed into service in 2022.  Being a unwise, junior investor, I just claimed straight line depreciation for 2022 and 2023...

I have a rental home and had the HVAC and water heater replaced last year. The furnace stopped working and was in need of costly repairs that would likely only prolong a replacement. Since they were already replacing ...