I just recently moved into (half of) a duplex and when touring the place for the first time I struck up a conversation about real estate with the landlord(A habit that I learned from someone here... such good advice: ...

I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...

This isn't a pressing issue for me, but want a bit of clarity before logging it away to memory for future sake. I'm working on my Florida real estate pre licensing courses, and one sentence that was sort of glossed ov...

Hello everyone my name is Frank Macias. This will be a bit of a long post but if you care to read through it thank you in advance!I am a pharmacist in my late 30's, I have a wife, a 3 year old daughter, and a 2 month ...

It's official my people! I have a bidder number for my first tax lien sale!! I am going in light footed because I kind of just want to learn the process right now, but I have done a good amount of research. Between po...

Each year, after I purchase a property, I have to re-look up how to treat the various items from the HUD-1 (closing statement) when preparing my Schedule E. I am NOT an accountant, but I did find this article by one E...

Hey BP! I bought a property this year that I was planning to hold for 3-5 years, but after improving it, I may sell earlier than anticipated. I'll be 1031 exchanging the property into a new purchase (likely after owni...

Hello, I am looking to wholesale a house with 100k back taxes owed, owned free and clear. Can anyone please give me suggestions on how to handle that or of I should avoid doing the deal.

Thanks!!

Hey guys,I am researching a home in the boston, ma area dorchester to be exact to get more information to see whether the owner would be motivated to sell. The property came up with a $1 dollar sale in 2005 but that w...

What is the best way to file taxes to show a high amount for loan purposes, but still keep a low Taxable income? (Self Employed)Currently I plan to list a higher Gross number, but after all of my deductions I have the...