I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage.  I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...

I haven't seen another post about it so I thought I would start one.  I've read the 9 page tax plan summary.  Although very vague, it provides a framework for what they are going after and mentions several things I th...

Hello all, after loosing out on a good deal to a cash buyer, I decided to take a different path.
I found an inexpensive property that would be difficult to finance through a standard mortgage. I decided to secure ...

Hey all,So I'm in a downstairs condo unit and my upstairs neighbor leaked into our unit, causing a good amount of water damage. We knew something wasn't right because we heard dripping late at night a couple weeks ago...

Hi guys,I think I am starting to understand why Robert Kiyosaki always runs to buy a property when he has an income from his business.Please correct me if I am wrong in my example:Lets say a person makes 100K per year...

I want to calculate the potential monthly income that I would receive from buying and renting properties.Example: If the income is $250 a month - should I reduce that number according to my income tax rate?OR is it st...

I received a letter from the Marion County Auditor, Indianapolis, IN, stating that I've been receiving Homestead Deductions on some of my rental properties for over 3yrs, and now they are going to invoice me for the ...

Hello BiggerPockets,   Id like to hear some thoughts/feedback on this idea..... while I have not obviously vetted this "idea" out just yet...its intriguing to me.I sell my primary residence and use the equity ($100K p...

Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...

I am actively seeking investment properties (buy and hold) in the Raleigh, NC and surrounding areas (A & B neighborhoods predominantly) and need insight regarding how to structure an entity that is tax advantaged....