![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/754338/small_1694937764-avatar-kinl1.jpg?twic=v1/output=image&v=2)
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169982/small_1621421127-avatar-ozzy.jpg?twic=v1/output=image&v=2)
Happy New Year once again everyone. Hope everyone had a safe and great one. Wishing every one an even better year in REI and every other goal you plan to acheive in 2014.
Just wanted to know how do these numb...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/781138/small_1694569318-avatar-dannyo11.jpg?twic=v1/output=image&v=2)
Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/987045/small_1695376569-avatar-houstoni1.jpg?twic=v1/output=image&v=2)
Hello All, I purchased my first rental property in Houston on August 2017. I listed it for rent right after closing. House required painting and many small repairs (not improvements/capex from what I read from IRS rul...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/52911/small_1668272119-avatar-bryanhancock.jpg?twic=v1/output=image&v=2)
Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...
Hello BP Network! My wife and I are just starting with our first rental property and wanted to see some opinions on how much we should be saving from rental payments for future expenses? Thank you in advance.
Hello,my rental property was built in 1960.I got the standard lead disclosure form that says seller has 'no knowledge' of lead based hazards in the property. I tried getting umbrella insurance from Geico.Geico is sayi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1195249/small_1621510090-avatar-kyleg132.jpg?twic=v1/output=image&v=2)
Hi All, My question is in regards to operating costs (heat, snow removal, and landscaping) for multi-family buildings in New England, and if/how owners are passing these costs off to tenants. Back story: My area is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2336726/small_1695205238-avatar-kyles741.jpg?twic=v1/output=image&v=2)
We have a duplex and a PM taking care of both sides while we work over the road. What software/spreadsheet do you use to track expenses and income? We don't have a LLC or anything, but want to take advantage of tax sa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1601634/small_1695651635-avatar-sineadn.jpg?twic=v1/output=image&v=2)
Hi BP Community! Total newbie here - so bear with me if this question is obvious to others! My husband and I considering putting in an offer on a small 1-bedroom 1 bathroom condo in St. Petersburg, FL. Using the Dea...