I'm self employed, but last year my duplexes took priority and earned me the distinction of meeting the IRS definition of a real estate professional. I'd like to take advantage, but I can't see how to do so. I have lo...

Hey BP,

These will likely be silly questions but I'm a noobie having a little trouble finding answers online. we plan on hiring a CPA, but I'd love to understand some of the basics. My brother and I are 50-50 owners ...

Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...

Hello fellow investorsI was wondering if I could get some thoughts on tax preparation "only" fees for a good CPA (not inclusive of any bookkeeping services).  We own a holding company that owns all of the entities tha...

Hoping you guys can help me understand a nuance regarding LLCs and 1031s.I currently own an investment property under a single-member LLC that's treated as a disregarded entity for tax purposes (let's call it Main Str...

Need some advice.  In the last 18 months, I've purchased 7 Properties and sold 7 Properties.  This year, I believe I can scale it even further and double those numbers.  I don't know what you would call it, but I gues...

I purchase a duplex (or double) in Indianapolis in 2019... near the Indy Motor Speedway and 1 block off main street. The property is a double with separate addresses and separate roads/driveways (instead of being side...

Hello,When using a HELOC to purchase another property is the interest not tax-deductible?  I read that the interest is only tax deductible when used for improvments to the property used for the HELOC.We are trying to ...

Yes I'm aware there is a tax section of the site, but I'm looking for recommendations of a good tax accountant in my field, not advice. So I figured why not talk to the people in my field who might use accountants. I'...

Hi everyone, I'm just getting started on this real estate journey and love the BiggerPockets forums and podcasts! As I prepare to purchase my first investment property, my mom came up with an idea to join forces. She ...