I live in Long Beach, California. I just purchased a single-family home that also has an accessory dwelling unit. I am living in the accessory dwelling unit  portion of the home and renting out the single family home...

HelloAny tax savvy people / cpas out there want to help me out. My moms selling her house in the Bay Area and will have a large amount of capital gains once it is sold, I have a few questions. 1. You pay capital gains...

Hi all,
Wondering if there is a way to get out of paying capital gains on selling a second home for personal use. This is for my mom, who has been a snow bird in Port Richy, FL at this property for a little over 6 mo...

My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries).  I purchased 2 houses with my own finances in 2017, which...

When joining a mentorship program, it's important to ensure that the program is a good fit for your goals, needs, and expectations. Here are key questions to ask before committing:
1. What is your mentorship experien...

Hi everyone, few questions, I'm in New York if it matters. I'm in the process of researching to purchase my first buy and long term hold. I'm considering partnering with someone 50/50 to make the first purchase less...

I need your advice on a possibility.

A guy here in town wants to sell his building that has a bar in it. It only has space for one business.

The bar is pretty well known and pretty much the 2nd best bar in town. ...

I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...

My CPA firm is preparing my 2021 taxes, this is my 2nd year using them and I haven't had any notable issues until now. I invest significantly in syndication deals so I have a handful of K-1s from multiple states. I ge...

I am partnering with a contractor buddy to fix and flip, how should we distribute the partnership?Contractor buddy would be spending time fixing up the house in many cases himself instead of using a crew, how do you a...