Hello BP Forum!  I'm a newbie investor (have three investment properties).  I purchased a new construction in Palm Bay, FL for $220k but other similar homes from this same builder have been appraising in the $240-250k...

I have searched and read some info here on this topic, and have learned a lot. My specific scenario was hinted at but not completely explained, and I was hoping for some insight:

I have 3 single family rental homes. ...

Hello,I have owned a Duplex in Los Angeles County since 2019, and looked into accessing my equity for another purchase.However, as I have never lived in the property, and the property is under an LLC, I was informed b...

Hello, just starting my tax return for the year.  I realize I may need to go the route of a CPA, but I'm trying Turbo Tax first and looking for advice.   My question is this:  I'm a part-time real estate agent/investo...

Somewhat confused here, how can a property appreciate,  yet one can claim depreciation for tax purposes. I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350...

Purchase Price = $126,500
Sell Price = $185,000

Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).

Owned for 25 months
I was told an Excise tax in the area of $3500.

Ca...

Question about selling my primary residence in San Jose that has about $1M in equity. We purchased it for $550k in 2012 and now it’s worth close to $1.5M and hoping it will go higher since The Bart station will open a...

Hey y'all! I've been diving into the world of cost segregation studies and its pretty neat. TLDR - it accelerates depreciation and you greatly reduce the amount of taxes you owe. Let me know if you have experience wit...

If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...

I would love advice from the community on this issue.   My wife and I recently inherited a home, which we took possession of earlier this year.  We quit claimed the deed into our LLC for liability etc.   The plan is t...