Hoping for some tax advice. My wife and I are young professionals. Our income is around 300k combined, we file joint. We have two rental properties. We gross 17,800 on one and 60k on the other, so total rental income ...

I purchased my personal residence about 12.5 months ago with personal non-business funds.  I want to sell my house and use the proceeds to purchase a Duplex which I can use to House Hack.  Will I be subject to the lon...

My wife is REPS status. I am a W2 employee. I used to believe that the limit is $500,000. But is it still true? Thanks in advance!

I am a borderline full time real estate investor looking for long term financing advice. My business partner and I both have 800+ credit scores but are pretty much maxed out on our DTI ratios for conventional mortgag...

Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.

Want to purchase 2nd pro...

I am selling a property I have owned for one year. The problem is the date the deed was recorded is not the date we closed. When does the iRs see that one year starting from- date of closing or the date someone actual...

Real estate has long been a favored investment avenue due to its potential for appreciation, steady cash flow, and diversification benefits. Beyond these financial gains, savvy investors also benefit from various tax ...

I've been studying and learning REI for about a year now. I am wanting to start with a few flips to generate some more capital to be able to get into some buy and hold properties. I'm building my team now - RE Agen...

Hello BP'ers! A few questions for the tax experts. For reference, I work full time and have started buy and hold rentals for long term investments/wealth building. I currently have a Roth SD-IRA. I'm finding the unlev...

What "Formation" do I need to use for -my company- to be "taxed separately" from myself?