Pretty straightforward, can I write off vacancies as losses? I must act legally but what (if anything) can i do to squeeze tax benefits out of vancancies?

Hello BP Nation,Today the Treasury issued authoritative guidance via Revenue Ruling 2019-11 on the taxability of state and local tax refunds from which a deduction may have been limited due to the $10,000 state and lo...

I’ve searched the forums but can’t seem to find the specific answer.I love the idea of purchasing an investment property with a solo 401k and taking the big tax benefits right now. My question is, although I understan...

TLDR; any real estate CPA recommendations? Hey BP, I live in California and I am buying an investment property in WI. I'd like to talk with a real estate CPA. I'd like to know what tax benefits require an LLC and what...

Hi everyone! I recently purchased my first property and plan to house hack it. It is a Duplex located near Johns Hopkins University in Baltimore, MD. I am unfamiliar with how the tax process works for rental units, an...

When buying sub to:

If you decide and are comfortable (have exit strategies) purchasing via sub to, and keeping as a rental property.

Who gets the tax benefits? Do you get to depreciate the building out...

Hey community - Struggling with when we need to bring on a CPA who is REI-focused. Our current CPA has done our taxes for several years (W2 and small business income) and we believe they've done a good job. We purchas...

I have read that in using a LLC, one can create personal protection against a real estate property in the case of lawsuit. Is this true in regards to a primary residence and should I be looking to purchase my first...

Appreciate if someone can help give guidance on our situation. We will seek CPA guidance before we actually commit. We currently own a single family home in Orange County. It is too big for our needs and we are on wit...