I am talked to over a couple hundred people over the past year and for those people SAVING less than 30K per year after their day job should invest in rentals or turnkey rentals in a market like kansas city, memphis, ...
Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.
Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...
What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files...
Hello, Out of curiosity, if I were to sell my investment property before a year of ownership, is there any additional capital gains tax applied to the already set rate? Also what if you didn’t even make any profit fro...
Can someone explain what the difference is between not living in a house flip versus staying the 2 years? And is there a difference between living there for 1 year and 2 years? I'm very new and I'm trying to understa...
if a property is quit claimed to me do I get the tax write off benifits when I fill my taxes?
After being in the business for almost 30 years, I think it's time to sell my singles and move on. I'm torn about doing it for a number of reasons but mainly because after netting out, there's nowhere I can put the mo...
Hi all, as seems to come up every year or two, when I am scrambling to figure out how to minimize the club over the head, the internal temptation of a SDIRA arises within. When I search BP there is a lot of info pit...
If a property has used all depreciation, What is the next move one should consider? Sell and do a 1031 Exchange?
Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...