My unrelated personal business has taken off and I may be looking at making $500k this year. I own no real estate. I've never made this much money or even close. I need to get rid of some of this cash so I'm not payin...

Hey all, bit of a hypothetical question here, but would you be worried if Carson's 15% flat tax would be adopted at some point? He said there would be no deductions...which would obviously have a huge negative impact ...

Hello, I am a newbie looking to invest in my first rental property in 90 days.My question is what questions should I ask my current cpa to see if they are familiar / comfortable giving real estate tax advice? I don't ...

If I just replaced a roof for hail damage and insurance paid the full amount (they did not, there was a deductible) - does that negate the depreciable aspect of the capex? Does the cost have to be out of my pocket...

Hi,I had couple of questions about tax deductions, and their calculations for my case. I stay in California. I am pretty sure my understanding on the topic is on shaky grounds, and would appreciate if the tax pros chi...

We just recently purchased a rental property in Utah from out of state.  Prior to renting out the home we will have to fly out there to prep the home for rent.  Just wondering if we can count expenses incurred for fly...

Tenant was supposed to move out by the end of June by failed to do so until today (July 1st), giving us a really hard time. She claimed she didn't know the date! Please share your thought.

For those that don’t live near there properties, how do you know if you need to call the insurance agent if there was hail or another weather event

When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...

Hello BP Community,I recently set up an S Corp for my RE business (Colorado RE Broker) at my CPA's direction. He's been out of office for the past few weeks and I want know if there's anything else I need to do before...