Is this possible, can a person form a corporation and buy a multi unit property under the entity. With a down payment of 20%, also the buyer can guarantee the loan just won't show on the credit report. I am trying to ...

Are there any BP members here who have a strategy of simply flipping apartment buildings to build wealth, and just pay the tax as a cost of business? As I move along my RE journey (just 5 years), I look at the deals I...

I made some upgrades to my property including adding a couple bathrooms. My scheduled reassessment isn't until 2024.Am I supposed to update the city before then or do I just wait until my scheduled year?

This is basically a possible framework for my semi retirement.  5 year plan Assumptions
-My own company is building everything (except electric) and cost savings can be opportunistic on overstocks, returns etc, but m...

I have a question on how to calculate my tax deductions on rental expenses.Are these all considered expenses, therefore tax deductible?Mortgage interestReal estate taxesManagement feesMaintenance itemsI imagine that m...

I have an odd real estate issue I need tax advice on. I purchased a lot on which I’m currently building my home in May 2018. After we started building we found that our neighbor’s house was 3 ft away from their lot ...

Hello BP Mates,Last October we acquired our first SFH rental property and now it is time to understand and execute a tax strategy that aligns with our goals and maximizes our ability to invest in the future. We are fi...

What is Cost Segregation?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental ...

What advice would you give to a first time investor on how to find, what to look for, how to analyze, acquire financing, negotiate, and buy one of these properties in these market conditions?

Hi BP,I cant seem to find an answer to my situation here, unless I missed it. Here is the problem. When I acquire the my duplex back in 2017, the tax assessment for the land was about 50k.I subtracted that from my pur...