I friend of mine that flips houses told me that's all I have to do is get a free EIn and pay for my business license (which is only 25.00 in this state) in order to be considered an official business. She told I don't...

Hey all,

I’m working on wholesaling right now and to be honest I don’t know much about taxes. I’ve only had to do my taxes once or twice and only through turbotax and such. Is there a certain percentage of my wholesa...

did anyone catch Prez Bidens comments on how he wants to pass a national rent control at 5% max rent raise ?? my worry is there will be other stips in that if it was to pass.. Or do you all think its just pandering to...

Piggybacking this great post:https://www.biggerpockets.com/blogs/5070/37244-103...Question #2: Can my spouse and I sell a property that we own personally and buy a replacement property in a LLC that is owned by both o...

Hello guys:I wanted your opinion on my intention of cashing out my 401k and Roth IRA account to use the money to buy real estate. I think real estate market has better opportunities at the moment and more potential in...

Need some help please, with a current situation / Scenario pleaseThe current situation that I am looking at, regarding purchasing another Investment Property ..................I need some help and guidance on the foll...

We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put t...

Intentionally waited till after the elections to ask this question. I’m looking for actual info. Anyone jumps on with political agendas I’ll dog them. Was watching a YouTube and they mentioned the fed can’t increase t...

My friend came to me with a question? He asked - how can I (will) my portfolio of multi family and strip mall commercial real estate to my family, without them having to pay any tax or is the even possible? I wasn't e...

So I have a tax situation that is unfortunately going to require me to have to terminate the services of a CPA and start over for tax year 2020. I am a MI resident, currently work overseas in Bahrain and take full adv...