Hi Everyone, It turns out the house I own is in an economic opportunity zone. It was purchased in 2004. What are the tax implications? Thank you!

I'm more interested in holding out and renting out a property than I am flipping one, but if I did find one for a good enough deal and managed to get rid of it fairly quickly, what are the taxes like?

I suppose there...

I'm wondering what financial metrics are important for landlords? Most landlords like to know the equity building on their property. After all, buy and rent out properties as part of their long term strategy. But ther...

Good Day All,
I’ve just relocated to Baltimore City, MD and I bought my first project home that I plan to house hack and turn my extra room into a mid-term rental. It has an unfinished basement in which I plan to fin...

Doesn't this make the US a socialist country?

Looking for a CPA or accountants advice about the tax implications of fixing and flipping a single family home. When I resell the home do I just pay standard income tax or do I pay capital gains tax as well? Can I ded...

Hi all, new to BP and looking forward to all the great information this site contains.  I am a 1/3'rd owner of 6 rental properties worth about $2M generating approx $13,000 in monthly rents with mortgage, tax and insu...

My wife and I are just starting out as Real Estate Investors and are looking for our first deal.  Trying to get creative with our financing we ended up selling our house.  However thinking that we should get settled f...

Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...

I inherited my home of 60yrs and it is a total gut to the studs/$200,000 job. I have a contractor but need an architect who will do what I want, not what they want done to my asset.  I live there in a beautiful habita...