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Good Morning BP!I'm about to begin a project in Ormond Beach, FL, and the house will not pass muster for a normal homeowners policy at the moment. I'm told by an insurance agent that I need a "Builders Risk" policy t...
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Real estate is one of the most tax-advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying ...
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I'm getting a HELOC on a rental property I own and I'm wondering if I'll be able to deduct the interest on my taxes. I plan to use the funds exclusively for the purchase of rental properties and/or flips and related ...
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My real estate investing has been largely passive and out of town investments, consisting of single family properties operated by property manager or I'm a limited partner in a syndicated investment controlled by the ...
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Hello BPers
I have a question regarding property insurance and tax deductibility.
I have property deduction and have gotten an umbrella to cover any liability (property is in my name and will only get transferred a...
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Can I deduct a cleaning fee from security deposit if I do the work myself, as the landlord? I can't find any information online regarding that specific issue.
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I have a tenant who emailed me at my work e-mail account on Christmas about a leaking garbage disposal that didn't seem to work anymore and that they had scheduled Roto Rooter to come fix it. Normally, I know that a l...
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Hi everyone,I am about to become an investor renting out the condo I currently live in (Columbia/Ellicott City, MD area) and purchasing another house for my family. The condo was purchased in 2006 at it's highest ever...
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Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...
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Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...