Hey BP! I work for my brother who owns a rental company for heavy equipment in Sacramento. We are getting killed with taxes and fees for the equipment we own. Is there a way to use real estate for some tax relief? If ...

I'm a full time W2 worker opening an REI LLC and want to ensure maximizing tax benefits for investment expenses under the LLC.  I have my wife listed as 50% owner of the LLC as she is not employed.  Does she need to b...

I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...

Hey, I'd like to get both landlords' and renters' thoughts on this. During the application process, I believe it is beneficial for both the landlord and the renter to have the renter be the one that runs his/her own r...

I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...

Or neither. I am not big time or anything yet. But I got a call from the BBB the other day because people were inquiring there about me, and it got me to thinking maybe I should have something more formal than a trade...

I’m a 21 years old college student looking to get started in the Airbnb Rental Arbitrage business I know exactly what I need to do and how to do everything to get started but I don’t have that start up capital which o...

We have a SFR with ADU and we are considering doing a MTR in Los Angeles for each unit as we can’t do STR on an investment property (that I know of). The property is in a very trendy area of LA and both units should b...

I was recently presented the opportunity to purchase a commercial retail store which is occupied by a big box store. The lease is in year 5 of a 20 year lease with rental increase of 10% every 3 years of the lease. I ...

I need help understanding real estate taxe benefits

Here is an example

purchase price 550k
down payment 55k (owner occupied) 10%
interest rate: 3%
amortization: 25years

monthly payment - 2415.19
1250$ a month t...