I have money in an inherited IRA account, that I am pulling out to purchase an investment property. Does this type of purchase meet the requirements of a 1031 exchange? This purchase will significantly raise my tax li...

THE JOURNEY OF A PART-TIME REAL ESTATE INVESTOR
I’m a day late but I left Thursday afternoon with my 8 year old daughter to visit friends in Seattle. We returned very late Sunday; 1 AM Monday actually. We had a great...

Aloha from Honolulu, Hawaii!
I am an “older” newbie (51 years young) who only recently discovered the wealth building potential of REI. My journey began a short 7 months ago after I spoke to a financial adviser. Lo...

Hello, My name is Matt and I am a BRRRR investor in Sedro-Woolley, a small town located in Skagit County Washington. I am disputing the city right now and am being unfairly pressured regarding their perceived usage o...

I spoke to an asset protection planner (part of an asset protection company that has attorney's and CPA's) and I got completely confused about how to set up a business entity for asset protection. So I'm wondering wha...

With year end getting close I am trying to figure out what to do with my businesses to minimize my taxes. Cash is king. Can someone please help me. The online tax calc seem to not line up with my calculations.
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Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...

Hello everyone,I'm a recent arrival to the great state of Alabama. I'm coming from Texas and I'm here because of work. I work as an Information Systems Security Officer on Maxwell-Gunter AFB and I would like to learn ...