Here are a few definitions that you absolutely must know.

Bookmark this thread and use it as your cheat sheet for 2024.
Okay, let’s dive in:
Here are the terms that I’ll define in this thread:
-DEPRECIATION
-BO...

My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years.  I have also been told that capital expenses must be depreciated rather than claimed as expenses.  But ho...

Hello all...new to the board, and hoping for some help.

My wife, two sons and I all live in a townhome in Maryland. We are starting to burst at the seams and would like to move to more property. My sister-in-law ow...

I've been looking at a deal that apparently has 2 properties on the same lot. When I look up the tax info. I get one record as the primary property and another as the primary and the secondary property.... how could t...

Hello BiggerPockets Family, I have been on the site for a while but have never pulled the trigger on buying a property, mainly because I couldn't decide on a niche or what direction I wanted to go. However, I glad to ...

Is it a good idea to buy a empty lot of land  in a suburb?  It is a mixed use lot at end of a residential block where a house, a condo building, maybe three town homes can be built.  Even a commercial building can be ...

So I dropped my first batch of yellow letters in the mail yesterday, and just now got 2 calls, almost back to back. The first was clearly not motivated. But the second caller said that she's not interested in selling ...

Needing help on best practices to vet commercial tenants and best leases to use. ( NN or NNN and why) 

Info: 1 6000 sq/ft. building. Currently 3 commercial spaces for rent, 1 apartment. (will remodel 2 other commer...

HI!  We own a six unit building in Chicago IL and we are looking into consolidating all to just one electrical account, and installing solar panels.  We would like to meter electrical use for each unit and for the bui...

I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K.  I understand that the 401K is not subject to UBIT but I don't kno...