![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/624659/small_1621494060-avatar-calebl10.jpg?twic=v1/output=image&v=2)
Hello,
Quick question about how the IRS looks at 2 types of income in your company.
I have one BRRRR property and now doing a flip on another property.
Does the IRS look at the 2 sets of income completely separatel...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/220541/small_1621434180-avatar-ryania.jpg?twic=v1/output=image&v=2)
I am beginning to do some early principal payments to get my loans paid down and was trying to do an analysis across the multiple loan portfolio on the effects of the paydown. Does anyone have a spreadsheet that woul...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/393461/small_1621448744-avatar-robynjoy.jpg?twic=v1/output=image&v=2)
Hello all!
Going to meet our tax guy soon and wondering if there's any tips or need-to-know info regarding filing after purchasing our first STR cabin. We did cosmetic renovations and of course had to furnish it sinc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/970430/small_1621506529-avatar-micahw7.jpg?twic=v1/output=image&v=2)
I began renting my first and only SFR this passed April. Should I use a CPA to prepare my taxes or will my usual online software do the trick this time? Also looking for recommendations. I’m in West Michigan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267690/small_1694681535-avatar-davidwburns1.jpg?twic=v1/output=image&v=2)
I'm a relative novice investor but I have done several flips and currently have one rental. I do my own taxes but have always struggled with where/how to expense mileage to and from the properties I'm working on. I ...
When you sell a property and do a 1031 exchange to defer the capital gains, does the new property you buy restart the entire 27.5 year cycle all over again?
I know the capital gains follows you but can you continue t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/35038/small_1621367776-avatar-bienesraices.jpg?twic=v1/output=image&v=2)
I recently had an REO under contract. We were waiting for the bank to return signed contracts. I actually scheduled my inspector to come out before we had the signed contracts back. Signed contract came back and as it...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1005203/small_1621507259-avatar-marial51.jpg?twic=v1/output=image&v=2)
Happy Thursday to everyone,
I need some information, hopefully somebody here can help me. I know that when you are investing on a multifamily or apartment building, when you apply for a loan in order for the banks t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/521720/small_1694598163-avatar-matthewh70.jpg?twic=v1/output=image&v=2)
Hey all! I’ve finally pulled the trigger and now a few weeks from closing on a 2 unit in my “back yard”.While I’ve read about many tax / write off advantages to investment properties, I wasn’t planning on getting an ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/578341/small_1621493008-avatar-alark51.jpg?twic=v1/output=image&v=2)
Hi BP!
Thanks to all the available resources available on BP I have started building a SFR portfolio in Memphis TN.
I've been buying cash, rehab (in some cases), renting, and cashing out with a local bank. some hav...