My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries).  I purchased 2 houses with my own finances in 2017, which...

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...

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

There are three issues around water utilities work that don't make that much sense to me. These issues are likely to get much worse due to the lack of investment of in water infrastructure and climate change in the co...

Hi All,I am looking into my first syndication deal and if I was curious what tax benefits apply to someone who's about 3-4% on a 1.8mm deal that includes an 18 unit apartment and 6 air bnb's? I would love to be able t...

Are tax savings based on effective tax rate or the highest income bracket you're in?? For example, let's say you take a $5,000 business loss and your highest tax bracket is 32%, are the savings based on 32% or reduced...

I'm working on my business plan, and currently working on my exit strategy part of the plan.

Ideally the exit strategy would be to sell of the house and make a nice profit.

Would a contingency to not moving a home i...

Hello everyone,It seems that thinking like a Biggerpockets/Mustachian is very rare in daily life. This post is intended for those that have had a similar experience, those who enjoy seeing how others are working their...

Hi.

I have a 1950s SFH property purchased back in 2005 for $178k. Zip code 98310. Population growth, total about 5% during the last 10 years. It has a detached two car garage. Decent sized land. Unfinis...

I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...