With respect to real estate professional status, are there any limitations or traps for the unwary when electing to aggregate rental real estate activities into one activity pursuant to Code Sec. 469(c)(7)(A) and Reg....

I have a question regarding the IRS exclusion of taxes paid on the sale of a principle residence.Here is the scenario: Tenant has been renting a condo for 7 years and it has been their principle residence.The landlord...

Hi BP. I keep seeing the term “depreciation recapture” pop up in my research, and it sounds like a b!tch. How exactly does it apply to real estate investing and on what types of real estate deals would you encounter i...

Has anyone done a cost segregation for a tax year?
I will have a 750k+ tax bill from a warehouse I sold and from one of my businesses I sold this year. I have not looked too much into a cost segregation, but I am won...

I've made my career in raising private capital and deploying it unleveraged into C class rental properties and recently for the last 3 years into Mobile Home Parks.    Very conservative model that typically pays 12-15...

Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...

I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...

So I finally sold a home and made a considerable amount of money.  I took the money, though not all of it, and bought a number of new properties.  How do you go about handing taxes with this type of situation?  What k...

I have roughly a $100k/year taxable income between w-2 and some self employed activities.  I want to buy rental property, but my accountant says that I can only take up to $25,000 in losses, but thats only if your inc...

You’re a player no matter what your situation is…you’re in the Real Estate game. It’s just a matter of what position you play. This is a philosophy I heard first on the BP Podcasts featuring Bryce Stewart. His episode...