Like Texas, Florida You get bigger returns when analyzing two deals with same cap rate with one in FL the other in NY? Right? 

Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for t...

Here's a situation I've come across. How would you handle this?
- A married couple owns a home on Long Island, NY.  They haven't lived together for 20 years- He is an out of state resident residing in Massachusetts,...

I have a 1 FAMILY RENTAL property that I have been renting out for 2 years.My cost basis for the property is 500k. I would like to do substantial improvement to the property by building additionand increasing square ...

I was planning to buy 2 replacement properties as part of a 1031 exchange. Now one of the replacement property purchases may fall through. How would taxes be computed on a partial exchange, where I would be buying dow...

I am a partner in an LLC with three other members.  This is our first venture into real estate, and unfortunately banks won't loan to a new LLC; therefore, one of the partners is going to place the mortgage in his nam...

Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...

I know it's vulgar to talk about money, but as of today I have $25,862.64 sitting in a 401K from and old employer. The returns are horrific. It's not much, but I'd like to put that money to better use by buying a rent...

Has anyone done a cost segregation study, and what are the pros and cons?  Has anyone used Engineered Tax Services for this study?  It all looks good on paper, but I wanted to see if anyone has some real world experie...

I did search BP on this topic.  Apologies if I missed a thread!   I am almost an expert in RE taxes and self file.  Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...