I have a rental which has accumulated a lot of losses on schedule E. Mainly due to depreciation. I intend to not sell the rental and pass it on my kids. In that case they will get step up basis and won't have to care ...

Would anyone advice me how to find pre foreclosure, back taxes, land and properties on Internet. I searched on zillow and filtered it but still can’t find a lot of stuffs. Also, how to find off market properties and c...

Let’s say you buy a property for STR in 2024 and take accelerated cost seg benefit. Then you sell it in X years (3,5,7,10). Do you have to return the savings back to IRS if you sell it before 30 years?

Hello everyone, I had a investor contact me here recently about making a purchase on a property I own. He is wanting to know whether I want cash or to do owner financing. what cash I can take the money and run or take...

Hi everyone,My name is James A. Flowers. My partner and I both reside in Prince Georges County, Md. So far we have been educating ourselves, listening to the BiggerPockets podcast daily, currently reading The Book on ...

Hi everyone,Our partnership files a 1065 for passive real estate income.  In the past we've always reported passive losses on our real estate investing activity.  This year (2022 tax return) we are reporting passive n...

Hi, I need to open a solo 401(k),  buy my concern is I want to invest in real estate, then do I need to go for Solo 401(k) with check control or I can do this without check control also.also which brokerage help me fo...

Greetings,I am a active duty Army Officer. I currently am married to another Officer who is getting out. As she prepares to exit the military, I’m realizing I’d like to have a plan once I’m ready to leave (15-year pla...

Hello, my question is about being debt free. As I have been getting my personal finances in order by being debt free and having a savings. I was wondering should I do the same with my investment properties? And does a...

Hello everyone, I fully understand that every situation is different because of personal income, rental income, differing states/taxes and even marital status plays a roll. I believe that I have a strong grasp on taxe...