Hey BP community...I am talking to a guy about selling one of my properties to him and I had a question about tax implications as I am being told if I do it this way I am avoiding some taxes...
Here is what we are ta...

My siblings and I stand to inherit our father's house in Santa Clara County, CA.  The only asset to be inherited from my father is his house which was purchased in the early 70's and has very low property tax due to p...

Does anyone have any experience with using a 1031 exchange for Seed Capital for a flip or rental?

Hi All:I am buying a property on a land sale contract.  The seller will retain title.  Does the seller need to pay depreciation recapture in year 1?Thanks,Robbie

I wasn't sure where to post this question so  I hope I'm in the right forum.I live in CA and have 2 rental homes in Ohio that I purchased while married to my ex husband. Both our names are on the deeds. In our martial...

Hello everyone.
First time poster.
General Background
Newbie investor
No credit available (poor credit and repo due to major health issue).
Multiple tax years of returns due (nominal to no income)
Unplanned ow...

I just started RE investing around Oct and we want to make sure we get our taxes done and as well as all our education expenses. Need a trustworthy CPA who knows CA taxes any recommendations? We didn't make any profit...

Hello fellow BP members.  I'm a newbie to BP in the Bay Area and have been amazed with all the Q&A support from the community.  Very impressive!Background / Question to the community...owners of  SFH had their hom...

I know a friend of the family that inherited his mother's house after her passing away and now, years later, he is on the verge of losing the house due to defaulting on property tax.  No tax lien has been placed on th...

People will often create an LLC or a Corporation in order to protect their legal interests. However, I was recently reminded of one area that gets overlooked: prenuptial agreements. These are important for various r...