Very few in the industry (investors, realtors, appraisers, etc.), ever truly master this valuable skill. 

Believe it or not, after reading this post, you will probably understand this skill better than most appra...

I already have a primary vehicle. I want to purchase a secondary work truck (20k) and dump trailer (7k). Trying to figure out how much of these purchases I can deduct. Also, what other deductions would that cut into (...

Hey Everyone! Hope all had a great holidays! I have not posted in a long time, mostly because Everything has been pretty smooth Land lording. I have currently invested for 6 years and acquired several rental units. I ...

I toured a foreclosure today. It has been listed on again and off again since July 2014. I think the reason why it hasn't sold is due to some serious issues with the cinder block foundation (basement walls). Two of th...

Big changes are underway in the U.S. tax code—and it could make a huge difference to your bottom line. Thankfully, today on the Big gerPockets Podcast, we get to sit down with two CPAs who focus entirely on helping re...

I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...

Does anyone have any experience on turning shipping containers into homes or multi-family homes?

Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...

My parents co-signed a mortgage to help me get a better rate when I bought a condo, and are on the title. Now I'm doing a 1031 exchange and dont want them to be on the title for the new property or have any tax proble...

Hello BP community, I have a question for you, I’m assuming someone has tried something like this but I can’t seem to find much information out there, so maybe not. Here is my situation:We have a motivated seller, he ...