BP friends,Just want to get your take on things: I am fairly meticulous when it comes to record keeping (or at least record keeping catch up around tax time) and still find myself looking at a better deduction using s...

Hi All!Brand new to BiggerPockets and am hoping that someone out in the forum community may be able to provide a bit of guidance on an interesting topic for me. As a bit of background, I'm a resident of New York stat...

Hi all, Are there any investors from the UK here that know of any tax treaty benefits that would reduce federal taxes?Regards,Carlo

Can you apply a 25C federal tax credit to a STR?  All the info I see says it has to be a primary residence?

Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...

Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...

Hi everyone, my first post on this forum. I'm hoping that someone here can offer some advice on a rather uncommon situation.I'm an Aussie passport holder with a non-immigrant b1/b2 US visa, so in simple terms I'm a fo...

Is anyone aware of how to qualify a home you built as energy efficient via this irs form?

http://www.irs.gov/pub/irs-pdf/f8908.pdf

My tax accountant mentioned this to me and this is the first I've heard of it. Aust...

I owe back taxes both federal and state from 2010-2013 federal is $15,000 and state is 2,700. The state has turned over my account to an outside collector. A few years ago I was in an offer and compromise, but I was k...

A question I get asked frequently is if it’s beneficial to do a cost segregation study on a single family home. As long as the property is an investment property, not a personal residence, the answer is yes! Determi...