The tax preparer I have been using since moving overseas has made some mistakes which caused complications I'm hoping to avoid in the future. I would love to find a tax professional who is familiar with US taxes for e...

Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...

Iraqi Octuplet Welfare Queen

The Media has been covering up the facts in the Nadya Suleman case. Her family are Iraqi immigrants on welfare. Her mother, Angela Suleman, filed for bankruptcy an...

My husband and I purchased a vacation rental property four hours from where we live in January.  It was gutted when we got it.  Working with a contractor who rented it during the renovation, we got it remodeled, furni...

Currently reading Why the rich are getting richer by Kiyosaki and for the record enjoying it just as much as his other books that I have done.In Chapter 14 he gives the example of Mary a 40yr old W2 earner of 100K pay...

Newbie question:  I've read numerous threads on the depreciation benefits of RE investing but need to ask the following for clarity.  I earn over $150K in W2 income.  My RE business partner and I have an LLC and are c...

Hey Biggerpocket experts....I was hoping you all could give me a little advice as to what you would do in my situation. I'll try and fill you in as much as I can and then you can either answer or ask more questions to...

Hey, Y'all!

Seeing that I'm still in the teething stages of this Real Estate game, I ran across something here in my neighborhood and I would appreciate some advice.

SITUATION:

1) I was doing a tax record search an...

Our family is looking to Inheritance a large real estate portfolio what is the best way to minimize taxes for both parties? How not to lose so much to government?

Hi All,I currently own a rental property that I lived in for almost 3 years. I moved out last year in August and have approximately 2.5 years left to sell it and realize a tax free capital gain. Question is, does anyo...