I keep reading about how there are so many benefits to being a landlord, because you can reduce your income taxes and such...

Can anyone please explain how it works? Like a basic overview? I have heard people talk ab...

Disclaimer: I am not a tax professional, so it's always best to consult a tax advisor for your specific situation.
Investing in real estate can bring about a lot of financial benefits, but it can also have a major im...

I have a question about cryptocurrency and tax implications. 
Suppose I am paid $10,000 for a job or service I perform and receive the amount in Bitcoin. 
I understand that I need to treat the $10,000 in bitcoin as ...

Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...

PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...

I’m 22 just bought my first property this past April and it isn’t the most fantastic purchase thus far. I’ve only made roughly $700 thus far including equity gain in the property. I do not live in this property and wh...

As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...

Hello all,
I am looking to get a cost segregation study done on my newly purchased 8-plex in Aberdeen, Washington.
Does anyone have any recommendations for me?
Any tips or things to think about moving forward?
Thi...

Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...

Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...