Hello all,
As we're finishing renovations on the fourplex, I find that the thieves have stolen 3 of the 4 A/C condensing units and cut the copper lines on the fourth. Estimates and routes of replacement vary widely...
I recently bought a cash-flowing duplex and SFH home. I am house-hacking the SFH and the split will be somewhere around 28% personal and 62% business. Some of the money I used was my own, but I also borrowed multiple ...
I’ll be scheduling a consultation with a Attorney for my first Wholesale. I wanted to gather a list of questions to cover my basis and ensure I’ll be doing everything correctly. Wanted to get BP’s opinions on the ques...
The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses st...
Hello everyone! I am getting myself more and more confused with each thing I read regarding which business entity is best for me. So here’s my situation..I am about to graduate college and will be working in my field ...
I am working with an EA to handle my 2022 taxes. I rented out the upper portion of my primary home as an STR for 3 months in 2022. I would like to write off some improvements made to this area of the home to get it re...
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
My LLC is domiciled in NJ. It holds a couple of LLCs that own property. I’m looking at properties in Florida and may move there. What is the best way to acquire new property in Florida? In a Florida LLC? Create Dela...
BP~~ Seeking professional help for a non-tax savvy investor.... The past couple of years I've had issues filing my taxes (un-intentionally), more specifically pertaining to my rental properties (5). I need to know wha...
I'm closing on a house next week that happens to be in an opportunity zone. I will be doing substantial work on the house - my rehab budget is larger than the cost of the house. I also have lots of unrealized capital ...