Investment Info:
Single-family residence fix & flip investment in Moulton.

Purchase price: $22,658

Cash invested: $68,680

Sale price: $91,132

We purchased this house as a Medicare sale. I...

I hear alot of people discuss ROI but nobody discusses what percentage of your monthly income you can actually expect to make it to your pocket/pay yourself from your LLC after expenses. If you have any insight thanks...

Hi BP Community,
I stumbled across this article this morning and I started to think about the impacts of these trends.  One of the things I really like about bigger pockets is the concentration of Younger, be it Mill...

I'm pulling my hair out over this years (2022) taxes. (turbotax)I've worked through all the Federal taxes and in 2021 I had an AGI of $111387. My taxable income was $75202 and fed taxes were $3504.   For 2022 my AGI w...

Five Things to Know about Estimated Taxes and WithholdingWith 10 million taxpayers a year facing estimated tax penalties, the IRS offers some simple tips to help prevent a surprise at tax time.People pay taxes on inco...

If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?

What is the best way to delay or avoid paying depreciation recapture tax? It is my understanding that when you sell a property, you are required to pay back all of your accumulated depreciation at a rate of up to 25%....

I was recently contacted by a friend who wants me to come into a deal with him which was showed him by his real estate agent.  The agent is telling him there is a program where he can invest $300k buying 3 $100k SFH's...

Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...