The rental I purchased last week had fairly significant security deposits in place, a portion of which was labeled as "non-refundable".

Am I correct to assume that's essentially income?

If so, from a tax perspective...

I am starting to grow my rental portfolio and am looking for online alternatives to hold security deposits. I currently use Wells Fargo and it’s a pain in the butt to keep going there in person and setting up a securi...

I have created a substantial amount of capital through the stock market and want to transfer to real estate. I was wondering if anyone knew if there is a way to transfer without paying capital gains tax. Is there an e...

I have a client in Reno doing two reverse 1031 exchanges and we've been able to secure some great deals putting out some cash offers (both weren't even countered). I'm curious, has anyone else done a reverse 1031 exch...

Is anyone familiar with investing in tax liens? If so please help with describing how it works and how you make money out of them.

Just want to confirm that the Secure Act extended the deadline to open a Solo 401k account to the tax filing date so April 2021? I've seen some providers stating on their website that the deadline to open an account i...

I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...

I have looked into the subject of interest-bearing security deposits and I have a few questions about the setup. So in California there is no law that requires this. I am asking because I view it as a benefit to the t...

I recently created two separate LLCs. One for holding title to my rentals and the other for managing flips and and the rentals. When I went to open a bank accounts for each they asked me if I wanted to use my Social S...

Hi everyone. I am new to BP and would like to ask for advise. I live in Canada and would like to try to invest in tax liens in USA. I am planning to buy tax liens under my name. Do I need to apply for Social Security ...