Hey BP -Thank God we have people in this community who eat, sleep and breathe taxes, because this stuff is going way over my head. Couple quick questions regarding being a small time landlord, the new tax plan (TCJA) ...

I friend of mine asked me if she should depreciate her home or not as she is bringing in a renter.  Her CPA is going to run numbers for her, but I told her I would ask BP community if you had any good insight or innov...

I am looking to looking to cash-out re-finance my current mortgage. I looked into mortgages and they are anywhere from 70-75% LTV. I was told by a local bank that they can do a Home Equity Loan (HEL) at LTV 80% and th...

Looking to sell a house this Fall. Bought in 2010 as primary residence. Lived in it for 27 months. Moved out in late 2012 due to military transfer. Started renting it out. I made assumption that it would always be a r...

Is there a way to avoid capital gains tax when trying to take money out of stocks and reinvesting into real estate?

Building a new house, Considering selling my current primary residence, I have lived in it 6 years, significant inveterate in value over that 6 years (~33% gain). Since it’s my primary, if I sell, what is tax rate on ...

Hey BP - Last weeks podcast (published 6/13/2019) sparked some thought from my side when the guest broke down some of the tax implications and scenarios that he uses to "sell" sellers on seller financing.  I have gone...

I am currently house hacking and occupy nearly 50% of the square footage. Our unit is also going to be the primary rental unit when we move out and will pull in the majority of the income. Our unit has been kind of ru...

My land and building was taken under eminent domain and now I am being told I have to pay taxes on the sale ....It was an even exchange. Is this true??

Hello all, I have a tax question regarding rental property mortgage refinancing. From my understanding, many of the loan costs (loan origination costs, appraisal, credit report, etc.) are amortized over the life of th...