What is the best way to delay or avoid paying depreciation recapture tax? It is my understanding that when you sell a property, you are required to pay back all of your accumulated depreciation at a rate of up to 25%....

I am trying to get a refi on a BRRR property for a sizeable amount I will be able to pull back out of it.  I was just told that you can no longer just show rental receipts, that you have to have it claimed on your tax...

Hello!   Help please!  I am trying to answer a simple tax question.  When I completed schedule E and wanted  to enter the profit I received from the rental houses on form 1040, the 2018 instructions say put it on line...

I'm working a rehab. I have a rehab loan -- so the mortgage is for the house + approx. $24K in rehab money.

For my accounting - how do I account for repairs being paid for? I'm writing the check and getting the r...

My question is Bp teaches you to use bank’s money. One of the purposes is to get tax breaks but don’t you still have to claim the profit of the cash flow you do get after your mortgage and bills are paid 

Hi Team,  I'm looking for a spreadsheet where I can record all of the items (repairs, purchases) on my rental property for tax purposes.

Does anyone know if you have a net loss for the year, do you claim your home office deduction that year and carry it forward, or do you "not claim" it, hold on to the info, and claim it when you have a net profit for ...

I recently attended a bootcamp where one of the speakers was a tax guy. He was apoplectic when he talked about CPAs who set up clients in LLCs with an S-corp tax election in part to save on self-employment taxes. Swea...

I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...

My husband and I have lived in our home for 40 years and it's value has increased by almost $2 million over these years. We'd like to sell our house at some point in the near future because we're getting close to reti...