Is it true that u can only claim up to $25k on 1040 Schedule E (Supplemental Income and Loss)??

Hello all,I am in Charlotte and have now been outbid six times in six months. I have tried offers with $20k over asking, guaranteed offers, guaranteed money over appraisal, and lately a combination of all of those. Ev...

I found an interesting property after driving my target market today and want to approach the owner in an attempt to purchase.  On the county assessor's site the owner name has "etal" after the name.  I know that Etal...

I have been a Real Estate agent and broker for the past 15 years. Eight of those spent as a hard money lender ... Your Home Lending.com, until 2008.I am now acting as a sellers and buyers agent. I have a burning desir...

Hi,I'm planning on buying a primary residence with FHA loan. I found out that there is a detached in-law suite in the property that I'm looking for, which fits for rent. If I choose to rent it out, how much depreciati...

Hey, everyoneWould like to start flipping this year, since this is my first year flipping, I do not expect to do a lot, might be only 1~3 flips.In that case, I think tax plan for flip should be different as the busine...

Hi, I'm currently working on my 2014 taxes. This 2014 taxes will be the most complicated one by far, with itemizing RE expenses, etc. I do have an EA doing it, so I'm just trying to plan for 2015, as I plan to purchas...

If you are NOT fully prepared to file your 2021 tax return on Monday, October 17, DON'T FILE LATE!!!!!  [IRS calls this "FAILURE TO FILE".  It is not a sexual dysfunction]
What you do is to FILE SOMETHING to the best...

Hi BP community,I have a deal I am looking to partner in with an investor I met at a networking event. This investor has done a few flips before but this is my first one. The deal requires me to put down about 60k in ...

Would I benefit from having a LLC after getting my first buy and hold?