Yesterday, I was talking to friend who has a condo near the convention center... she rents out her place around $180-$200 per night. It's a 1 BD condo unit ~600 sq ft. Her bookings are full about 2 months out. Now, to...

I have a 401k I have never taken money out of and am considering using it to invest in real estate rentals. Does anyone have advice on how to best do this while minimizing any taxes I would have to pay? If anyone has ...

Hello,Does anybody in the Fresno or Visalia California area know a trustworthy CPA (experience with real estate/business taxes) and attorney they can recommend? It is our first year with a rental so we have quite a fe...

Does anyone here have a good handle on tax strategy related to development. If I purchase the land, put in the infrastructure, and hold for more than a year before selling lots, can profit from lot sales be claimed as...

Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...

Hey everyone! I'm currently in the process of purchasing my first 4 unit multifamily property in Chicago.  I want to make sure the numbers I have in my pro forma are as accurate as possible before moving forward.  I h...

Hi everyone.  I'm hoping to get some guidance from tax professionals in the BP community since I'm a bit stuck.  I'm working on my 1065 for a two-member LLC.  We established the entity and purchased our first property...

Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...

Hi guys, First post here! We are first time investors thinking of doing a BRRRR. We are looking at a house just across the state line (we are in MN, and this house is in WI). We would pay cash for this house. My quest...

A bit of a backstory.  A couple of years ago following the death of my father, my mother transferred ownership of a property in another state to me and my wife by way of quit claim deed.  I did not put much thought in...