Can somebody explain all the tax disadvantages for a house flipper? What's the best approach for a first timer? Buy and quickly sell the property after renovations or hold it and sell it after some time to save money ...

I haven't seen a lot of discussion about this topic which surprises me since I feel like personal finance people talk about HSAs all the time! A couple months ago there was a guest on the BP money pod that said someth...

Im an over the road truck driver, and my company offers a "per diem" pay package. In this pay plan, a significant amount of my pay is paid as non taxed income. In the images below, ive included the documents they prov...

Hi all!As stated in the title, I am new to to this game and looking for advice. I left my position at a company back in New York to come to Miami and get my real estate license and pursue a career in real estate.I hav...

I would consider a duplex, 4 plex or other multi-family unit. However, in the chance you decided you wanted to liquidate the asset wouldn't it be much harder to move a multi unit versus a Single Family Home?I am in th...

Hi BP - My primary job is 1099 income from working as an independent contractor (healthcare). I have been reading about carrying over tax deductions that exceed income on a rental to other rentals or to the next year....

Hello,If someone just flips one house in a year that got sold in 9 months it's that consider a business or investment for tax purposes? I have read that if you just flip one house a year its consider a investment not...

Questions for you Tax Pros out there.  Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year.  Assumptions:  Social security is taken before full retire...

Greetings BP family,I recently passed my SAFE Act exam and am ready to begin building my book of business as a mortgage loan officer / originator in Virginia!My question for experienced MLO's out there is, what are so...

Hey Guys, 
I am very new to solo 401k and I wanted to get started on it. There is an option where it asks me if I wanted to integrate this solo 401k with social security. I can't seem to understand the intention of t...