Hi everyone,
I purchased a 4 unit multifamily property in Dayton Ohio in June 2021. After a challenging start, the property has been performing reasonably well.
The property tax each half of the year for 2021-2022 w...

Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...

Hi all,Just noticed there is a 50% property tax increase for a property we bought early this year. Specifically, it's the "improvements" that doubled from 2018. It's been flat for decades and all of sudden hiked. I no...

Hello All,
I am closing on my first rental property this week and am extremely excited to get started. I am trying to prepare as best as I can before closing to get everything setup as needed. Once the property is mi...

The CARES Act was effective in 2020, however a lot of the tax laws and rules that were passed are still able to be utilized for your 2021 taxes. Here are some of the key changes that occurred as a result of the CARES ...

I have bought and sold a few properties in 2016, I am a bit late on filling so I am looking for answers on the 1031 exchange only 1 of the properties may meet the guidelines. My question is  there some forms  I needed...

I bought my fixer-upper last March, and it took until November before it was ready to show, i.e. place "in service."I asked prior, if the insurance had to be capitalized or if it was an expense, and @StevenHamiltonII ...

 Hello, I am a new investor. Purchased a  property in Vegas with a partner.  I  created a LLC prior to the purchase.  Need help / advice on how take advantage of my using LLC for tax purposes.  I am completely lost. I...

Hi Community Newbie to the community looking to get started in rental properties.  I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible.  From what I'm gath...

Hello BP members, newbie in REI needs help and advice....I was driving for $$ and came across this boarded up vacant property. Start to lookup the address and found out that it was foreclosed 2 years ago for several t...