Hello BiggerPockets,We are looking for some new professionals.  We are based in Northern Indiana, and would love any recommendations on Tax and Law professionals that know real estate.  We bought our first rental this...

seem to stink for real estate investors! I live in Georgia, grew up in SC and have been exploring the possibility of buying MF rentals near USC. However the property taxes seem to be outrageous for a "non owner occu...

Moved to Alabama topic

Is a full HVAC system totally depreciable in first year, or have a 7 year lifespan according to new tax plan?

Hi all! During 2020 I was rehabbing a property. Had many challenges with delays, covid etc.. expenses really high and property is only ready for sale this week. My question is, am I allowed to claim the expenses ( the...

I'm probably going to be putting off my big section 179 purchase until next year. But, say Biden gets elected this year, could he immediately cap section 179, so it becomes effective for the 2021 tax year?

Looking for answers about HELOC live in California With the new tax law in 2019 My husband and I have enough equity in our house to pull out a HELOC was wondering if it’s still taxable if we use it towards the purchas...

With the new tax law going in effect in 2018 it seems nobody knows the specifics of how all this will play out, including the IRS. I did find an article that states:You qualify for an income tax deduction equal to 20%...

Hello I wanted to see if anyone has heard of this in Texas. I was working on a wholesale deal. I got it under contract however the seller was saying she was talking to another buyer and that they had a better offer. T...

Does anyone have knowledge or experience with this? is one way to handle it to w/d 1/10 per year...?...if 1 cannot predict one's income and tax brackets? and when one pulls it out, then best tp put in roth ira? or sel...