Hello Tax team, Here is the scenario and I want to understand how the cost elements needs to be treated from taxing aspect?I purchased a property to flip in 2022. The property was ready for a sale in 2023 but could no...

How many people really know what an exchangor is? Why would you call yourself an exchangor? Does BP need a category dedicated to exchangors? How do exchangors make money? Anyone out there that focus on being an ex...

I'm in my mid 50's and am trying to find a way to supplement retirement.  Did I start too late to be able to make an income to help out?

I was a 24-year old MBA grad know-it-all. I had life perfectly figured out and I certainly knew everything about investments. Working in the finance industry for a large multi-national firm, I often worked with high n...

How would you determine if a cost segregation could benefit you?

Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...

Hi BP!! =)Most Southern Californians are perfectly happy purchasing their first piece of real estate to "achieve the American dream" or for another emotional reason.  Those are valid and great, but there is a lack of ...

Hello community,I have researching on benefits of long-term rental, and a bit stuck on requirements to be full time real estate professional (the 700 hours) if one has to be able to take tax advantages. If I cannot ge...

It has become increasingly difficult to cash flow with house hacking. Despite this fact, the return on your investment (ROI) is incredible enough that it still warrants exploring buying real estate with the house hack...

Hey there! As a CPA and former tax accountant, I wanted to share some tips with you on how to make the most of your real estate investments this tax season. There are a few key benefits you should know about that can ...