I have read a lot of books in finance and real estate since my early 20s, but one thing that has always been consistent in my readings for the past 18 years is the wealth profile of millionaires. In chart above you ca...

I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...

Hello 1031 pros!I am preparing to move primary residences and at the same time, sell a rental property that's been in business use for about 10 years.  I am seeking to 1031 out of the rental and into a 'mixed use' pro...

Hi there,I am selling my rental property as a teardown to a builder.  The value is in the land. I was wondering , since it's being bought as a tear down, if I would still have to pay income taxes on the depreciation r...

I'm considering using RUBS on my 11 unit building for the gas (heat) and water.

Does anybody have experience with using RUBS, was it benefical?

Hello everyone, I need some help with my taxes. I own an owner-occupied duplex in Philadelphia, and each unit is equally 800 square feet. I want to make sure I'm doing everything right before I submit my taxes. 
Here...

Hi everyone,I have a duplex under contract in DFW ( Arlington ) and will live in one side. The current owner 'pays' for water and I want to sub-meter and save on those costs while I hold the property long term.I've ha...

I know that 1031 exchanges are only for investment properties, and that you don't have to pay capitol gains on the first $250000 for your primary residence (if you're single).So if I have lived in a duplex and rent ou...

We always think of cost segregation studies for multifamily, office and retail but now the cannabis Industry is taking advantage.
Who do you think gets the biggest benefit from cost segregation?https://www.bizjournal...

Can someone tell me how bifurcation and 1031 exchange works?