Hi BP,I am new to real estate investing and want to get started with house hacking. I have a novice question to ask, do I report the house hacking income as part of my income in April? 

Hello Everyone,
My sister and I recently inherited a paid off rental property that nets around 20k a year. This house is held within a living trust that my parents set up. All assets within the trust are supposed to...

It might seem obvious, but you don't know what you don't know.I started self managing my first rental in October last year, how should I report the income to the IRS? Just tell my CPA and he'll take care of it? Or is ...

This is just out of pure curiosity. What would happen if one decided not to report rental income? Let's say the tenant paid in cash each month. How would the IRS find out?This is purely hypothetical, I'm not suggestin...

Hey there,First time posting. I've been reading about REI and using BP for a couple of months now, and I find that I've hit a bit of a wall in the process of trying to purchase my first home. To make a long story shor...

We were awarded a court judgment last year and were able to slowly collect with wage garnishment through the ex-tenant's employer. The employer reported it as a non-employee compensation (Box 7) on 1099-MISC. The prob...

I know I have to report wholesaling income on my tax return. My question is, how? And should I just have a real estate focused accountant do my taxes for me? I spent $5,000 on mail, and made $13,000, so an $8,000 prof...

I have a problem & I’m hoping I can get some feedback. My fiancé has equity in the home she can’t take out because her DTI (debt to income) is about 80%. We were looking to take 30k out of the house to put for a d...

Any advice?

We are a property management company that owns and operates our own property. We are looking for a CPA that knows this field and knows software like QB and Expensify. Our current CPA is kind of too hard to work with i...