Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...

I have a client who is 62 yrs old.  He would like to request a 401K lum sum distribution from his employer for downpayment of an investment property sometimes in the year.  Say the amount of 401K distribution is $40K ...

Hi,I want to sell my rental property which had appreciated well enough to payoff my primary home mortgage. Any pointers on how the tax on appreciation is calculated taking into considering the passive activity loss ov...

Hello BP Family - I have a client that is in a financial predicament. They own rental property valued at $700k that is 100% paid off. The rental income is their retirement income. I would like to know if anyone here i...

Here are a few reasons I prefer this product over trying to qualify my clients conventional. 
1. No personal income requirements. We aren’t looking to see if you filed your tax returns and quite frankly you could mak...

Hello, 
I am a w-2 employee and I am looking for ways to reduce my taxable income using real estate. Can I buy a car wash/gas station and show active participation to reduce my taxable income? I am single and don't h...

My wife and I make a combined household income of approximately $400,000 from our 9-5 jobs.I understand that certain tax benefits are eliminated or reduced after you cross higher ordinary income levels related to real...

Hi all, I’m looking to negotiate a deal thats a mix of seller financing and conventional lending. What are some pros that I can highlight from the seller’s perspective.
Here are a few that I’ve come up with:
1) mont...

Last year I had rental losses totaling -$15,727 and unemployment income of $4,500. TurboTax combined the two which resulted in an AGI of $-11,227. It indicated I took the standard deduction and put the full -$15,727 l...

Company is getting purchased and all stock is getting cashed out. Payout will be over 100k and taxes will about 33% I believe based off married income. Are there any real estate strategies to help reduce the percent...