I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...

My parents have  a rental property that they are trying to sell in Pennsylvania. They currently live in Idaho, but are going to be moving in a year or two to Arkansas or Missouri to find a place to retire. I currently...

Hello All, I came across Opportunity Zone topic while chatting with someone and wanted your thoughts on it. Here is my situation, I am selling a (Multifamily) property in Ohio to bring my next investment(Multifamily a...

I've tried to post this as a reply etc and it doesn't show up, so I'm trying it from new perspective!! I think it is worthwhile.
I promised my wife I'd work with her and be available to help with the income taxes ...

My wife and I are looking to purchase a piece of vacant land from her parents.  My in-laws own the property free and clear and it is part of 3 contiguous lots that they own (they live on 1 lot and there is another lot...

I really want to provide my seller with some options to reduce the taxes they'll pay if they sell me their property. By helping them solve their problems, perhaps I am their first choice for the sale. Here's a quick s...

Good morning BP!I work full time and have a 401(k) through my employer.  I also have an Roth IRA personally that I contribute to.  However, I utilize a disregarded entity to own and manage several small apartment buil...

I'm trying to understand what the big deal is?  As I understand it, you save capital gains on $250k for single, $500k for married when you sell the house you lived in so long as you lived in 2 of the previous 5 years....

Much of this thread is repost of parts of other threads and blogs from a year ago. I"ve been continually asked about this subject and there are lots of newbies on BP that may benefit from this.
I want - to start wit...