Hello,My employer is in CA and I worked remotely from NJ in 2020 , I also own a multifamily in NJ and earned rental income in NJ. Do I owe taxes in both states even though I did not live in CA?Thanks

Is $5000 enough to get started in real estate

Hello! We purchased our first investment property about two months ago. We live in Florida, but the triplex is in the Cleveland. The neighborhood is halfway decent... it's in the Clark-Fulton area near the hospital, i...

Hello, I am looking to purchase my first home soon but I have a dilemma.I am looking for the maximum tax refund I can receive, but I understand this can hurt my chances with receiving a loan for a mortgage. Would ther...

So I get my taxes filed by CPA for the first time in my life, and paid a premium fee of $685.  Things went smoothly for the most part, other than couple of MAJOR issues which I cannot afford to overlook.  I am detaili...

How do I find funding for investing in mobile homes to buy, rehab, and hold?

This is for the bay area, and here's what I am hoping to do - buy a fixer upper for 900k - Cost seg - write off (675k)- Spend 200k in improvements- 30k in furnishingsHow does the 200k in improvements play in taxes? Ca...

Recieving a huge refund tax time. will be sitting on 20k. should I clean my credit up. Or find a nice fix and flip deal that a hard money investor will partner with me. Thank you for your input and time

Hi BP - first time poster here! I own a few properties in the Los Angeles area with a partner. This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions th...

I want this to be completely transparent for accuracy. I have not calculated my expenses yet but my W2 reported income was $73,380. I grossed approximately $13,000 this year on the rental properties. I understand that...