Hello all, Not sure if this is the right forum feed. I haven't been on for awhile, which is good for me. We bought 2 SFR And a duplex end of last year. Here is a question for you.

What does a accountant mean when sh...

1. Opportunity Zones - Jobs act of 2017 has stimulated growth by offering tax incentives in special zones around the United States2. Refinancing or Tax-Free borrowing - When you refinance, you are able to borrow again...

Hey everyone, I listed a property at 168KI got a cash offer for 140K w a 2 week closing.Realtor Fees 4% (-$5600)Closing Fees 1.5% (-$2100)Remaining Mortgage ~ 73K (-$73000)That leaves me at $59300If i substract my Ini...

Hello,

Im closing on a property today that I intend to flip for a profit. I bought the house via forclosure for $115k, will put about $20k into it and will list it for $225k. Im curious what is the best way to approa...

Help,We have owned a rental property with my parents for 10 years and they decided they wanted out. We originally agreed to pay them $25,000 a year over four years, BUT they played hardball when the market went up in ...

Hello guys, I am new here and I am very excited to have a community since I have never been in one.  A bit about myself, so you can understand my question. My wife and I live in LA, we have good jobs, we are in the hi...

Some background: I have a high W2 income (top tax bracket) and my wife qualifies as a Real Estate Professional.We started investing in RE this year (3 SFH) and I have been looking at the option of accelerated deprecia...

It's my understanding from reading here on BP that flipping is taxed as income, not capital gains; as such, would the money from a flip I bought and started last year but which is still owned count as a loss for la...

Hey BP family. I'm looking for some different avenues of approach for the following scenario. I'm currently flipping houses aka chasing cars for the last year and now that I've finally caught one, I'm not sure what to...

My wife and I are fortunate to have steady, high-income producing jobs. Our rental real estate portfolio is also starting to produce a decent income. Our properties are currently held in pass-through LLCs which are no...