If I evict a tenant and I am unable to collect on the rest of the lease, is there a way to deduct the loss on my taxes?

Hi BP folks, I am looking for some professional advices for tax deductions on real estate investing. Right now I am hiring my father as a handy man, so in order for me to deduct those expenses do I need to have an LLC...

Hi! I was reading about the interest tracing rules and it seems like if I do a cash out refi (even on a primary residence) and then put that cash in a separate investment banking account, I can begin writing off inter...

I will be a 1st time home buyer , when getting a loan from a bank how do i show them proof of income from my 1099 form/s. I work at my brothers business as a independent contractor ,  he has an accountant for this bus...

Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?

I am new to investing, as I have bought my first 2 houses in the latter half of this year. I guess I didn't think this part of it through in detail before starting my new business, but, as stupid as this question may ...

I currently have 1 conventional mortgage on a home I no longer live in and it is currently rented. I'm looking to purchase another primary. I've got another 10 properties with commercial portfolio loans on them. Am I ...

I may have a new job opportunity and am trying to figure out what to do with my 401k. At first i was going to roll it over into a self directed roth but am also thinking of cashing it out to buy real estate outside of...

Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset. The IRS has multiple ways that these errors c...

Yep, 15 months.  She's not a drug dealer, but she is receiving a very large divorce settlement, has no income, will be going to nursing school.  She is worried that without income she'll have a hard time getting appro...