Hello all,I understand, owning a personal property and living in it for more than 2 years you can be exempt from capital gains. I also understand, if you flip your personal property to rental then you can be exempt 2-...

Good morning everyone, I hope everyone is having a great day. I was wondering from an entity, tax and brand perspective. Is it best to be an LLC or S Corp when your wholesale flipping? I'm strictly  assigning the deal...

- Relinquished property sales price $205k (original purchase price of $97k)- Replacement property #1 - $170k sales price Question:  can I just be taxed on the difference or do I have to exceed $205k in replacement pro...

I have 4 mortgages where I am paying approx. $35k per year in interest. This obviously reduces my tax burden. With other deductions, I pay no taxes at all. I have the funds to pay off these mortgages.  Would it be wis...

Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...

Hey BP geniuses!   This is likely a simple answer, but I just don't know it yet.  I'm wondering if the 1031 exchange gods and/or goddesses of the universe allow us to sell a SFH (with a garage apartment, but zoned R1)...

My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...

How does a Deferred Sales Trust work? Is it better than a 1031 exchange ?

Your 10 golden tickets explained: Each tax-paying American citizen can qualify for up to 10 Fannie Mae loans. This loan program allows us to purchase rental properties with 15%-20% down payment plus closing cost with ...