Before you make you first deal either flipping or wholesaling do you think that it is best to make a LLC ?

So I have a fix and flip that I bought roughly 8 months ago. I now have it under contract. I've been talking with my accountant to try to figure out tax implications or deferring taxes through a 1031. Needless to...

Hi there!  I’m a beginning investor and am trying to wrap my head around the tax benefits involved with real estate.  My main question is regarding depreciation.  My husband and I are high wage earners, so from what I...

I just got my first K-1 from a multi-family syndication and want to understand it.  This is the actual K-1 with real numbers and only personally identifying elements have been removed.  I'm going to describe what I th...

My familys has a LLC set up that is mostly used to pay for my grandmothers care via rental propertys. I am the manager and I do not take a salary or any other payment from the LLC. I know you arent supposed to comingl...

Do you own a warehouse or are considering investing in one? Some would consider warehouses to be the backbone of today’s supply chain. There is a large demand for efficient distribution and storage of goods, thus many...

Would it necessarily be true that the more deductions you claim on your tax return the less a bank will lend to you because of your lower taxable income?

So therefore, isn't this technically a catch 22 situation wher...

I am talking to a potential seller who has approx. 20 units in the form of small multi family dwellings (duplexes to quads).  With failing management and poor returns he wants to sell but doesn't want to pay taxes on ...

Hello BP Community,I am new to all of this and I am still in the learning phase of REI.  Been reading a lot (rich dad poor dad, etc.) and listening to the Podcasts to try to find which niche would be a good fit for me...

My first rehab is set to close in less than 3 weeks.. I rehabbed the house and all repairs and costs were done in 2012. My question is for my taxes, do I need to do anything with my remodel receipts or anything for 20...