Exploring pros and cons and also evaluating what option provides more advantages to w2 earner in terms of better tax deductions - A. Syndications: will get K1 form, what does it include ? prop tax,mortgage interest an...

Hey, trying to get my head around the new REI tax laws and I've got a bunch of questions.  I've looked into hiring a firm to help but they are thousands and thousands and I don't even know what I need until I get some...

Hello All, I am looking for some advice or maybe assurance that the accountant I have been using for the last few years is actually correct with the questions I have been asking him. I reached out to my accountant reg...

Hey guys...I just read that the Biden Administration is seriously considering axing 1031s to pay for the next huge government sponsored spending plan (Family Plan).  Besides the potential of eliminating the "step-up" ...

I'm looking for an accountant who can help me with tax questions specific to landlording, including:
Section 179 expensing, safe harbors, bonus depreciationWill most accountants be very familiar with these, or should...

I'm selling in NY. 2fam, I lived in one unit and rented the other. My acct says when I bought the house for 560k 14 years ago, and sell it for 825k, it will be split into two sales.. and on the investment unit is what...

I have an investment property worth $500K with a $150K mortgage. 
Plan to 1031X into a $1M property with a partner. Partner would bring $500K cash and thus own 50%.
1. Is this type of 1031 into partnership (LLC) pos...

Hey Friends,Quick situational breakdown for everyone, and I'd love to have my blind spots pointed out since I'm still quite new in the game.- I own my single family primary residence, having purchased it with an FHA l...

So here's a crazy story.

We picked up n REO to rehab. This home is a half mile away from another one that we sold in February for $111,000. The two homes are identical for all intents & purposes - 3/2 brick ran...

I need help with my business. I want to take on a limited partner, for now. Then maybe 50/50. Currently i do more much more business than her. I don't want her to be a buyers agent only or have a specialty, but do eve...