I am looking to buy a SFH in Denver or the suburbs, live in a walk in basement and Airbnb the main unit. I am planning on partnering with a family member and using an FHA loan to acquire the property. Here are some qu...

Looking back I see this topic was discussed about 10 years ago.
Recently it has come up in some podcast I have listen to. I'm curious if anyone has truly vetted these policies. The idea of creating a investment arbit...

Good Evening BP Community.First of all thank you so much for all the information you guys provide on here, is really awesome!I am puzzled as to what my options are or on how my exchange would work?One of my properties...

I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself).  Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...

Don´t know if this the correct forum here, but I want to know how high can I get a tax depreciation for this year (2010) when I buy an house this month for only $5k for a fix and flip in May 2011?
Thanks.

-Uwe

I have a macro level of what each skill does but should I have an accountant and a bookkeeper on my team or if I hire an accountant will they come with a bookkeeper.Which one or both should I look to hire?

Hello!  Let's start a list of ideas we all can do to pay less taxes!  I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...

Hey everyone,I'm a newbie living in upstate New York; I visited an accountant today to talk tax strategy.  When I mentioned forming an LLC for asset segregation and protection, he said that an S Corp would be the way ...

Hello BP - I tried to keep this short.I purchased my first and only investment property mid last year. I have had quite the unpleasant, while very educational, journey and now find myself lost and not knowing which di...

Hi all,
I'm looking to purchase my first investment property in my area, North Texas, in the next few months. I can live in the property but do not have to.My question is, how can I find and gauge weather or not an a...