It can be a bit frustrating trying to gain an understanding of the tax system when all questions issued to that effect receive the proverbial response: "Consult your tax professional".
Well, my "tax professional" is ...

I got played like a guitar at a TED Nugent concert.He got behind in rent, gave an excuse said would make it, caught him lying, didn’t make rent up, I gave him 7 day notice pay remainder plus late fee or I’ll have the ...

I just started operations in 2024 doing STR arbitrage. Here is the structure of the LLC's:-I live in PA and have a holding company LLC incorporated in DE.-My business partner lives in MA and has a holding company LLC ...

I was looking at this app Shake (http://www.shakelaw.com/) for handing e-contracts. Has anyone used Shake? Are there other contract apps out there that are really loved?

My unwanted business partner, the IRS has come a calling for back taxes. Who do I turn to for help! I have quite a few years that I haven't filed taxes.

Do both spouses need to obtain real estate professional status to receive the tax benefit?

Hey Bigger Pockets community,I was wondering if anyone has a form that they use (with great success) for handling tenant complaints and/or potential repairs? I have 3 properties, but one of them is an old (110 years) ...

hollo ! I'm a full time realtor and real estate investor, I'm married and my wife receive W2 . We own 4 rental properties, after calculating all property income, expenses and depreciation..... we end up losing  a lot ...

As a general rule I strive to be a landlord who handles his responsibilities under the lease in a professional and prompt manner. Similarly the tenant has their responsibilities and I just want them handled professio...

Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?