It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...

Hi BP

I am running through some scenarios for a first rental property which will be out of state using a PM.

The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...

I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?

If I plan to use funds in my Solo 401K to invest in a turnkey rental property (meaning a property that is rehabbed by a 3rd party, purchased by my 401K, and managed by a 3rd party) is that considered a "passive" in...

I want to reduce my taxable income as much as possible. (Selling stocks and want to avoid long-term capital gains.)Maxing out the 401k is $18,500, standard deduction is $24,000. My question is, what does the bank look...

Good morning BP,I'm currently living in a house hack duplex/ live in flip. I closed on the property 125k in August, put 10k to make my side 90% complete, then put 7k in the other half. I had my old roommates move in t...

I have been building a new construction single family, and will be done in March. The plan was to rent it out for 1650$ once completed. All in costs are around 160-170K. Appraisal is 208k.
However, I’m now getting in...

Hello...I'm a licensed agent that does a handful of flips and I personally list them.
I purchase them under an LLC and I run my agent stuff thru a PLLC...
Would it be tax advantageous to pay myself a commission on t...

Good morning everyone,I did a search for this topic, but after going through the first 4-5 pages of search results I decided it would be easier to post this question. I was talking with a friend about investing in rea...

ForUncle Sam gives, and Uncle Sam takes away.But in the case of buying local [market_city] investment properties... you can earn investment property tax deductions for real estate investors, the United States provides...