A few years ago I had a client who was mad dashing looking for something to invest before the end of the year? We tried to find him something and we couldn't come to final terms.I am curious as to why he was so hell b...

Hi everyone,
My name is Mark and I need some direction. I am a self employed commercial fisherman who makes 150 to 200k a year. I am totally fine with this income at the moment but the only problem is when the tax m...

Hi Guys,If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?I know you should not count this phantom income and I will not factor this in to anything. Just wonder...

I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...

Can depreciation on rental properties be used to offset W2 earnings? So for example, if I make $100,000/year through a job, can taxes on that income be offset if I make a loss when I deduct depreciation from my rental...

My wife and I started learning about real estate in January of 2019.
In June of 2019 we purchased our first primary residence and converted the basement into an 2 bed/1 bath apartment which we started renting out in ...

Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so t...

I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...

Hello BPers. This is my first post. I have been looking tirelessly for good forums with some real life lessons on landlording/property management straight from the trenches, and this has been the best site I've foun...

Hello people! I was wondering if there are any ways to reduce your hit on capital gains from the sale of a flip. Can you roll profits into a down payment on a new SFR property without getting hit or are there any ot...