Yo, BPers,I started an S Corp here in Virginia about six months ago.  I am the sole employee but am having trouble figuring out my tax obligations.  I am actually a Tennessee resident, spend most of my time overseas, ...

I put $50,000 down on a property that I am buying through the owner.  The closing is in January.  How can I deduct this on my taxes?

Investment Info:

Townhouse buy & hold investment.

Purchase price: $299,960

Cash invested: $45,500

House hack in a 3/3.5 Townhome

Househack numbers for FY 2022:
Collected a total of $13,700 in re...

Hello BP Crew!I have been searching high and low for the best place to start in terms of finding vacant land. I am very interested in the topic of land flipping but I am unsure where everyone is going for an easier ap...

Can anyone tell me about the tax obligation for a checkbook ira? I know that real estate purchased from all cash proceeds, is not taxed on the rental income, from the feds, but I dont know the obligation of franchise ...

As the financial market is still at inflection, I found something unique where we can arbitrage the mortgage payment with high rate CD, I know it's temporary but still pretty cool. For example, the lowest rate for 30Y...

Are there benefits/drawbacks to incorporating in DE when the investment property is located in another state (in this case PA?)I have an existing longterm relationship with a company that just opened an office in DE a...

We charged forth with a home but stumbled when we learned our initial tax obligation calculation was $400 a month lower than reality, crimping our DTI and mortgage figures. With 780+ credit and 40% down coming from ou...

Hi All!  I have a question. My partner and I are seriously considering the sale of a multifamily investment property that is worth $8M, and has current mortgage of say $2.5M. I own 64% and he owns 36%.The original mor...

If I have a family member who wanted to sell there home with no equity. And behind on taxes. What would the best exit strategy?