Hello BP Family,My Father passed away on Oct 7th, leaving me his IRA which is valued at $750K, as of today. My wife and I both work full-time jobs, and own 3 rental properties (in a series LLC) putting us in the 35% t...
When doing my own personal taxes, I filed the first few years on my own without any software (this was before my life got busy). It was a great way to learn how to do my taxes and most of my issues were adequately ex...
Hi- here's my scenario and I need answers/suggestions around any loopholes or tax implications I should be aware of. This is all new to me but I think I have a plan. I want to do a $150,000 cash out refi on my investm...
I am negotiating an off-market SFH in Kansas City and need help quantifying the seller's cost savings of selling to me as-is rather than listing on the MLS for more. I have already peaked their interest with the facts...
Hey! We're about to close on our first rental flip. I've been doing some reading about the 1031 exchange but still have questions. Do we have to reinvest all of our profits in order to not get taxed or can we just rei...
I looked for the answer to this question in the various threads but could find an unequivocal response, so for the avoidance on any doubt here is my situation/question. I purchased a fixer property for all cash aroun...
I got a $65,000 income tax bill today. Is there any way my business can provide me with some deductible fringe benefits like a company car, health club membership, life insurance, etc?
Can the BP community make some recommendations on best Podcast/YouTube videos on commercial real estate?
I just lost a significant amount of money with a TAX LIEN CLUB that basically sold me their bad tax liens worth nothing in a state where I just could have bought the tax lien I wanted in the county of my choice. But ...