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...

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...

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...

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...

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 ...

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 ...

Hi BP, I currently have Traditional IRA funds that are invested in stocks, but lately I have educated myself about going the self-directed IRA route.  I met with a self-directed IRA custodian yesterday.  However, give...