I bought a house I’m currently flipping last year. Can I use the purchase price as a tax deduction? I would appreciate all info as this tax season I’m being hit with a $6k tax bill.

Can a real estate agent represent the buyer and seller? I didn't see any previous discussions on this topic. Would they be willing to accept a slightly reduced commission for working both sides of the transaction?  I ...

So my father is looking to buy a rental property. Potential NOI totals to about $40,000 a year although the ROI isn’t marginally positive so he would almost have a 0% return on investment. He will be retiring in the n...

Starting out here. Looking at a few properties for the first step into this. Looking for some clarity on the capital gains. I get they reduce after a year but would you avoid cap gains if you put the gains into anothe...

Buying my first 3 family. I was wondering a few things 1) what you have done in the past to walk the line of renovating rental units to get a bit more rent/appeal to a better tenant while also watching the budget. - W...

For commercial multi-family deals where using local community bank, which requires 25% down. Is there a strategy to also combine with partial owner financing to reduce the amount of the 25% down payment to the bank?

Hello BP

I have 8 homes that I currently own and all have been rented with no issues. I am thinking about selling one to make money to pay off debt which is currently the house I live in. it should bring me I hope 12...

If you have high earned income and can funnel some of the extra money into your passive real estate business to make repairs etc that supplements the passive cash flow, can you still write these expense of as business...

HiI have W2 income and short term rental income reported on Schedule E. I file jointly with my wife. Has anyone figured out a way to leverage AB150 SALT tax workaround in this situation to pay California taxes? May be...

How does homestead exemptions work? From what I gather only your primary residents can qualify but I'm not sure on how or why to apply or if I even qualif... I'm new to real estate btw 👌