To you veterans out there that sell homes on the lease option “rent to own” model: If you repeatedly sell houses within 1-3 years, couldn’t they technically be viewed as inventory by the IRS and taxed according your i...

WE are in the process of selling some land in Georgia we inherited back in 2014. We are Georgia residents. Without going into detail it was part of "gift" giving on a planned inheritance schedule below the max gift th...

Can anyone help explain how this works for an investment property?  In order to arrive at an estimated value of tax deductions for a rental property would you:A) Add up your annual depreciation, operating expenses and...

Hey guys, so some background. I bought a tax foreclosure property under my personal name. I now have a buyer for it, but want to do a quitclaim deed and transfer it into a LLC before selling it next month.Is this a go...

Ok, I purchased 2 new properties in August.  After rehab and lease up activities, they are positive cash flowing now in November.  In Texas property taxes are due on Receipt but not late until Jan 31st next year.  My ...

We are rehabbing a house in Seattle and trying to figure out what is the best way to flip the house and pay as little tax as possible on the net profit portion (I assume). The house is under a single person LLC (which...

Good morning dear BP members,

I am analyzing the below rental property deal in Florida:

Purchase Price : $ 50,000 (including closing, cleanup & rehab costs)

Amount Invested : $ 10,0...

Hello, I have a partner and we are looking to form a partnership to buy a duplex. I am a bit confused as to how write-offs work within pass-through entities. Does each person write off interest and depreciation relati...

I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect. 

I have another question for the group. I want to know how the boot will be calculated for  buying a replacement property that  is less than the sold property. For instance, I bought a property 10 years ago for $155,00...