Does anyone know with the recent Tax Cuts and Jobs act for 2024 if bonus depreciation of 100% has been extended to 2026 for short term rentals? I believe it was scheduled to go to 60% this year. I am wondering because...

If you're a buy and hold investor you may be getting scammed...The federal reserve has kept interest rates at near zero for the past 7 years.  This has created an artificial increase in purchasing power and therefore ...

Hi BP'ers, I've been reading Brandon's new No Money Down book and realized that I may have a deal unfolding right in front of my face.  A friend of mine has been sprucing up his rural home to prepare it for sale for s...

I partnered on my first two deals this year. One I put some money in, the other I did not. I received equity for structuring and sourcing both deals. My CPA mentioned the potential for the irs to classify the equity a...

Hi BP,I'm looking to purchase either via seller financing or assuming the note (assuming the bank accepts). I'd prefer assuming the note. The current note is with a hard money lender. If I purchase via seller financin...

I have 7 rental properties. Interest rates range from 4.12% to 6.5%. Net cash flow is currently $50k/yr but pre tax. I haven’t paid taxes since I bought them due to deductions such as depreciation and interest paym...

Deductions for state and local taxes may be done away with if the recently released currently tax proposal put out by the White House goes through. This area is a particularly controversial part of Donald J. Trump's n...

Land taxation should replace all other forms of state taxation. For the reasons that I will describe below many economists, tax theorists, politicians, and philosophers have strongly advocated for land taxation to be...

I recently bought a new property and started renovation with a contractor. I plan on selling it and using the funds to buy another property to renovate. I was wondering if anyone has started an LLC to flip houses and ...

Hello everyone,I am 59 years old and I am selling an out-of-state (NV) residential income property that was originally my primary residence and I am wondering about what I can do to lessen the tax hit.I originally pur...