My client will be selling her LA area rental house and plans to 1031 into another investment.  She wanted a vacation rental house within a couple hours drive, but in California, the cities are banning and severely res...

Some background before I post - I am a tax guy - started at Ernst & Young in 1993 and have been in the tax business since.  My full time day job is to argue with tax auditors.I have a situation that I'm curious ho...

Lately we are hearing from a number of operators who are talking about throwing in the towel when it comes to their seller finance operations because of the ever increasing level of government regulations. The interes...

Hi I'm a novice real estate investor and wanted to pose a question to the RE veterans here on the strategy I should take regarding my situation. I'm in a LLC with 3 of my siblings and we are looking at closing the LLC...

I am working towards my first rental property and found a property that I may be sending an offer on.  I currently own no properties, and I live and work out of NJ.  I'm looking to buy in FL.I've talked to a handful (...

Hi BP members,
My husband and I are BRRRR investors in central Wisconsin (marital property state). We currently have one LLC, taxed as a disregarded entity, through which we purchase properties, rehab them, and then ...

I have a trip coming up that will be mixed personal/business. We own a rental property in Charlotte, but I also have family in town that I will be visiting.  How do I organize this trip to make the most of my deducti...

When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...

I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.

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Hi BP,I am looking at a couple beach house properties that looks really good on AirDNA however, AirDNA gave me the following analysis:Beach House Property:Annual Revenue - 121.6KOccupancy Rate   - 88%Cap Rate - 29.51%...