My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...

So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortg...

why do some investors try to put their new STR's into service towards the end of the year when there is very little active income to offset?  what is the benefit of putting a new STR into service towards the end of th...

Questions for you Tax Pros out there.  Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year.  Assumptions:  Social security is taken before full retire...

Hi everyone! Forgive me if these questions are already out there, but couldn't find them after some searching. I have a few rentals that are already listed under one LLC.

1. Given that my LLC would then be li...

Hi BP family, I want to ask a question........I want to buy 8 units (2 Buildings) on the same property for 1 flat purchase price. Will I be able to house hack and get all the tax benefits taking this approach?Thanks

Hi all,
I am looking for an accountant who has some specialty in real estate because I want to make sure my wife and I take advantage of all the tax benefits of our real estate investment. I have a pretty straightfor...

I have a family member wanting to take out a loan for a residential home purchase and will pay interest on the loan. Should I fund the loan personally or through my real estate LLC for maximizing tax benefits?

Anybody recommend a good tax attorney-tax planner in the Houston area?
The quarterly taxes from my main business are killing me. I have a very helpfull CPA. He is helpfull about adding up how much I owe.

A few years ago I had a client who was mad dashing looking for something to invest before the end of the year? We tried to find him something and we couldn't come to final terms.I am curious as to why he was so hell b...