Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...

San Antonio has been one of the cities with the largest increase in short-term rentals in recent years. Given this, the city of San Antonio has changed their short-term rental rules and regulations. Below you can find...

Hi All.We have decided to explore an LLC for liability reasons for some house flipping. We are trying to see if there are tax benefits and liability benefits to an LLC vs. and S Corp. We have steady income (W2), this ...

Think about investing in Detroit and Chicago areas

I have a seller who wants to know if we could roll the equity from the sale of his rental into another rental that he owns without paying capital gains.  I'm not sure how or if a 1031 could apply in this situation, ca...

Hello everyone, I have a question regarding the down payment of my first rental home. I have enough saved in a mutual fund for a down payment. Would you recommend taking this out and investing it in real estate or lea...

Any thoughts on buying low/renting long in Pittsburgh, PA area...am thinking 50-75k (or less) homes in relatively stable, blue-collar-ish neighborhoods. Realize the population has been on a steady decline for several...

I will ask my CPA all about this, of course!!, but I was just wondering if anyone here had some experience with the following... Let's say I sell my short term rental, I am unable to move the money via 1031 for whatev...

Does anyone have an excel spreadsheet with formulas that calculate federal capital gains tax based on assumptions for capital gains AND income?I can calculate capital gains in a vacuum assuming $0 of ordinary income, ...

Hi everyone, I have spent the last five years trying to find a real estate CPA but with every interview I find that the CPAs involved in real estate charge thousands and thousands of dollars just to start with them. I...