Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?

“Wealthy people buy real estate.” I realize I’m fortunate enough to count myself among them. These supposed tax savings though… where are they?

My wife and I are fortunate enough to have two W2 jobs making ~$150k /...

Hello! My husband and I bought our first apartment buildings this year. We bought them in our own names. My dad has done a lot of handy man type jobs for extra income: painting, new faucets, flooring, etc. He is a tea...

Hi tax professionals, can anyone please advise if we can invest the capital gains from stocks in RE to defer paying taxes something like a 1031 exchange? Is this possible? and how to go about it. Thanks.

Hi BP Community.
Can I require that tenants pay for professional cleaning service at the end of their lease in North Carolina? If possible, would the funds come from security deposit? How would I write this into the...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $307,000

Cash invested: $40,000

House hack, I travel for work and didn't want to pay rent. Now that I purchased the...

An applicant (Full-time Nurse Practitioner)wants to lease my 3bdrm 2 bath home so she can sublet to traveling nurses  and/or healthcare professionals that she has vetted. Even when there are periods of non-occupancy, ...

Hello, I'm a real estate investor, and my partner and I own a decent amount of properties in PA, and we are looking for an oit of the box thinking tax advisor that will help us to do tax planning, reduce the amount of...

Trying to get some information on how taxes work because I may need to hire the professional this year. I have a W2 job, self employment and then my rental properties. I have used TurboTax for the last few years as it...

Hi all,Can the experts lend a hand in what to watch out for when picking a company to handle the exchange ?1. Should the company be in the same state for the purchasing side to understand any relevant laws and local i...