Hi everyone,
My name is Mark and I need some direction. I am a self employed commercial fisherman who makes 150 to 200k a year. I am totally fine with this income at the moment but the only problem is when the tax m...

Hi Guys,If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?I know you should not count this phantom income and I will not factor this in to anything. Just wonder...

Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...

Hi AllI have funds saved up that I want to use as a downpayment on a SFR. The idea is for me to use my personal funds to make the purchase, and for my wife to operate the property on AirBnB, through an LLC.We have a p...

I'm new to the investment world and trying to learn everything I can from all you smart and educated people here (big thanks to @jonholdman)!

I went to a financial / flipping seminar and listened to this stra...

Hello BP,I have some questions regarding operating multiple rentals under a LLC. I am trying to move my rentals under my LLC, when I do that do I have the payments be directly to my LLC? If so, how would I access the ...

Many claim that we will save lot on taxes by buying a property but i am not sure how we will pay less tax while earning rent.I am CA and i am planning to rent my current home and move to another city.Cost of the house...

I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...

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 ...

So I've heard wholesaling is treated like earned income for taxes. So whats the best method to keep records in order to be prepared (separate accounts) for next tax year? Is it any tricks to do to have this money trea...