Hello,I wanted to try to fully understand what the tax benefits are for someone who is looking to get into STR investing and trying to navigate tax benefits.Basically my family has a small business that I am part owne...

According to NOLO you can expense the repairs for houses after you have an established business.  Whenever I see the topic discussed, however, people say you need to add the repair costs to the cost basis of the house...

Hello all you smart people......I have been a stay at home mom (my husband works a 7-5 government job) and commercial real estate investor for the last 20 years.  Every year I discuss our return with our tax preparer ...

Hello BP Members!!! (hopefully this is the right "post to" forum) 
Prelude: Hopefully there's a relatively simple answer. I'm going through the process of getting my notary commission in the state of Virginia; to bec...

Hi everyone, I own a few small multi-family properties (8 units total)  and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...

Hello everyone, I feel that I need to tell my current situation with my Real estate investing venture. It has been about four months since I launched my own company and still have not been able to flip my first proper...

So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...

I have a question for the group.  I already have an LLC in Florida that I own a rental under, and i want to buy another rental in another state.  Can i just register as a foreign agent in the other state (PA) or do i ...

So I purchased a triplex in my name, do not have an LLC. Does it matter if I keep the rents in my personal accounts? Or should i open a separate checking and savings? I do I open a separate account and pay the bills a...

I have had profitable years in the past and have paid a significant amount in taxes. This year will be more profitable than before and I’m working to gain the knowledge to help me not continue to just stay on this pat...