Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...

Hello BP!Fairly new to real estate investing, just bought a condo this past year with my girlfriend (and not looking forward to doing my taxes) and am currently in the "save money for additional investment while I lea...

Hello! I can't seem to find straight answers anywhere (totally could be looking in the wrong spots - I'm new to this!) What are the tax implications for a Canadian investing in US real estate? My husband and I are Can...

Check out this bit of socialist propaganda, which is clearly a thinly veiled attempt to promote the government seizing an ever-increasing proportion of our income!

If a new study is correct, some of the most taxed pe...

Can you take rental income from a rental property and put it in a solo 401k and therefore delay the taxes on the rental income?

Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...

I need help on how to do this. We own college town properties free and clear and managed by property management company out of state. It doesn't make sense to have mortgages individually on each property due to the si...

Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?  

Hi tax pros - I have a question about REPS status.First, selfishly, do you believe that my job as CEO of BiggerPockets, which I spend obviously spend essentially all working hours on, and dwarfs activities involving m...

I currently have a 401k with my employer with a mid 100's balance. I also have the ability, self employment, to open a solo401k with the intention of eventually rolling over my employer balance if I retire or forced t...