Hello BP community.  I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...

Hello,
Wondering if this is a good quote in terms of numbers and things that are covered under this property insurance

$302,500 Dwelling Coverage + 100% Extended Replacement = $605,000 Total Coverage to rebuild th...

I've read through quite a few of the existing discussions on Solo 401k on this forum. Brilliant stuff. However, I have a very specific question regarding allowable contributions to the Solo 401k.If I have a side busin...

Hello - I've been slowly buying and holding SFH and duplexes for last 5 years  - total 9 doors and they have done quite well in terms of CF and appreciating. I also ventured into STR and bought my first cabin in the s...

Hi I just learned a day ago that my rental house burned down  (see photos) I am looking for tips for when calling the insurance company from those that have dealt with home owners insurance fire claims or have insura...

Hi, got an extension of filing since getting bogged down with details. I have two residences I airbnb out (whole house) when not there. My expenses far exceed my income and so I'm getting limited on many expenses. Can...

For a rental condo 2bd 1 ba, how much insurance coverage is too much? What's the minimum amount?

I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...

Am I wrong???In 2021, I invested in multifamily syndications while maintaining non-real estate professional status. Subsequently, in 2022, I transitioned to full-time real estate activities and am now eligible to clai...

As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies. And why not? The promise of accelerated depreciation and immediate tax savings is attractive...