I have a question for you tax gurus out there. Obviously with the real estate market being hot, it is/was a good time to sell some rentals acquired during the market downturn.**My Situation**I sold some a large quanti...

I've searched the internet & bp but didn't find the specific answers. I understand the 250k exemption for a single filer. My questions are can rehab costs be included with the purchase cost of the next home? Mater...

I'm new to getting loan for my investment property. Recently signed a contract to purchase a duplex in TX. Most of my downpayment is in stocks. My family member gifted me a lump sum of money (because I want to keep se...

I own my own real estate brokerage. As long as I don't pay myself a commission and the SDIRA pays for the listing photos, am I able to list the property myself on the MLS? Or could another broker at my company list an...

Hello Biggerpockets Pockets. I want to find out a play that is realistic for growing my buy and hold goals for financial freedom. I live in Phoenix, appreciation has been great during this time and my 4plex has gained...

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...

I have been listening to some of the podcasts, and I've stumbled upon this financing option  for B&H through private lenders. I want to know if I understand this correctly, so please chime in if either I'm right o...

Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment".  I invested in a Single-Member LLC, of which I am the "Single-Member".  The single-member LL...

We normally use current asset accounts to track 'expenses' for our flips - a Construction CIP account, with a sub account for each of purchase, holding, rehab, and selling costs.  We use classes for each property, and...

So I have two deals closing this year that are going to net me approximately $50k. I'm trying to figure out a way to avoid paying too much tax.The first property is an empty lot that I got for free when I purchased a ...