In need of help from a CPA or accountant that is familiar with the state of RI. I am about to 1031 exchange an investment property for another but I did live in this property 1 out of the last 5 years. Was wondering i...

When doing the brrrr method can you write off your rehab cost on your taxes

If I already have a home of my own and I would like to sell a empty lot separate from the lot my home is on, how does capital gains tax play in this? I did some research and saw that since I've owned the property for ...

Are you looking into getting a cost segregation study on your property and wondering what benefits the study may provide and how much it will cost? Ensuring that you provide all of the applicable information to the co...

I am a US citizen. My parent is an Indian citizen. She has some money she wants to invest in the US in a real estate condos we can rent out.
She is happy to have everything go through me, i.e. she transfers the money...

Hi,My property is in Atlanta. we have a water main meter(8in) and getting 9000$ permonth for 64units property. I know which is very high, my property is listed as non residential as per water company since meter is 8i...

Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...

Greetings BP Arkansas,I am looking for some advice ion 1031 exchanges in Little Rock. A family member of mine may be looking to sell a rental property. Does the same 45 day exchange rule typically apply? What options ...

Hey BP! I'm wondering what you all think about this question.Would you settle for 5-10% CoC ROI in this high interest rate environment if the asset was located in an appreciating market?

I’m in the process of selling my business(food) and the building it’s located in to my partner, I will net about $2m for my 1/3 of everything.I want to re-invest most of this money( after I pay off all my bullshit deb...