This may be a simple matter for many but with my limited knowledge, I can use advice from those in the know. If this is not the right forum for questions of this nature, please let me know and I'll move my question th...

Hi All,
I just created a BiggerPockets account, and I am a tax lawyer located in Toronto, Canada.  If anyone has investments in Canada or is considering making investments in Canada, feel free to reach out!
Thank you.

Hi everyone. If a seller of a property does not plan on doing a 1031 exchange does seller financing save the seller from any capital gains taxes? Does the fact that the seller will essentially not be getting the full ...

If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...

Hey everyone - first post here but have done a lot of research and reading. Hoping I can get some guidance with my question!I own a 3 unit commercial building that generates about $50K/year in net revenue. I'm self em...

Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. Fo...

Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC. 

Cost Segregation has been a hot topic the past couple of years. But what is it exactly?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be d...

Hello,Me and my wife both work fulltime on w2. we are planning to start investing in the real-estate this year. I am not sure how I can take advantage  of the rental losses here. As I went to one of the tax classes an...

Any suggestions for an experienced real estate CPA in the Knoxville, TN area? My wife and I have been operating a vacation rental since this past January and are needing guidance to limit our tax liabilities and filin...