Let me start by saying this will be my first deal with real estate investing I am looking at a mobile home park with 18 pads and 1 house13 pads are rented so is the houseAll mobile homes are tenant ownedThe park is on...

Hey there! What do you think about crypto wallets linked to a bank card? As far as i understand tax authorities don't know who conducts transactions with cryptocurrencies, to what extent and for what profit.

Hey all so as im cleaning out one of my rentals i thought about something so excuse me if this diesnt turn out right. Doing this from my iphone. So in another thread i posted had a bad tenant. Long story, i have dog u...

Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...

I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...

This is my first encounter with the famous bed bug situation in NJ. I have one tenant infested with bed bugs. The apartment below and above it started complaining that they thought they had them. I am waiting for t...

As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...

My wife and I are considering buying a home that was occupied by the same owner for over 50 years. The house smells like urine and after asking around, I've determined that it wasn't a pet but the elderly former owner...

I purchased a small house in 2018 and rented it out from Aug 2019 - Aug. 2020 to my sister to use as storage.  In Aug. 2020 to now, I tore it down and rebuilding a bigger house on the property.  Since I rented it out ...

Hello BP Nation, I am in need of some help on my 1st Flip.  We are just finishing up on demo and when removing insulation on the interior walls of the finished basement there is an overwhelming smell of mouse pee odor...