If the title company did not send the seller a 1099, must this sale of the flip still get reported when filing taxes?

Dear BP members,

I have renovating a couple of houses and I like to hire cheap labor and buy stuff at swap meets. I pay less when I hire college students or family members and when I buy sinks and cabinets an...

I started investing in 2020, so it would be taxes as short term cap gains. I've listened to Tax Free Wealth and it seems that these two types of investments aren't relational - meaning, there are no tax breaks from mo...

Hi Everyone!Please help me figure this out. When you sell real estate. Is there a way to avoid paying taxes?

Hello thanks for taking the time to read my question. First a little backstory, I recently found a property in disrepair on a 95 acre lot of which both owners on the title are deceased. I called the tax assessor offic...

Hello Bigger Pocket Gurus,Silly question on rental math from a newbie: Can i deduct <property management fees, home structure depreciation, maintenance costs, interest expense, home insurance, property tax> from...

Hello BPers, I'm stumped and hope to get some clarity on this - If I am currently living in NY, but lending on properties in Florida, which state will I be paying taxes in? The lending LLC will be set up in Florida. H...

I'm wholesaling part time. Still very new. I'm considering just setting aside 40% from the sales proceeds then paying taxes quarterly from them. I am also concerned that it's going to impact the taxes from my day j...

Can anyone tell me what they know about a 10-31 exchange? I have a property with tenants im looking to list for sale (long story but more of a headache).  And want to reinvest my profit in another property...

Hi All,I'm new to BPG and I can't seem to find ut who owns the mortgage on a property in my area. I went to my loal hall of records and was able to obtain a record of a foreclosure that took place in 2009, but nothing...