Been gone a long time from the forums, Hoping someone with tax expertise could help me here.  My wife and I have 16 rental units in Kentucky and although we have an on the ground handyman we mange financial things rem...

I am hoping someone can help. I am new to tax sale investing. I am afraid I made a great mistake. I recently bought 2 properties. One is a house, the other is a piece of land that has a condemned trailer on it. (I bou...

Investments in Opportunity Zones can offer great tax benefits, but when combined with a cost segregation study, the benefits can multiply.
An Opportunity Zone are areas that struggle with poverty and lack the necessa...

Hi BP,Is there a major difference between LLC and S Corp? I just heard advice that If I am a solo investor, I would need to be registered as a S Corp instead of an LLC. Does this advice have merit? I am a Buy and Hold...

Once you get your tenants movie in (All units have separate meters), do the tenants have to sign up with the gas company, utility power company and water company so they get bills in their own name sent to their unit...

Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...

Hello, Quick question,  what is the 50%  operating expense rule  when it comes to small multifamily properties .  I would like to know what  categories go into the operating expenses

A article came out this morning by Bloomberg and I have to say, I hate that this was framed as a "Trump tax thing". I'm sure most of congress has utilized as 1031 exchange yet framing it this way will incentivize a lo...

I was wondering if anyone had any recommendations on any tax strategies to lessen the tax burden or creative ideas to utilize the property. Once I graduate college, my mom will be transferring me one acre of land (fro...