Hi everyone! Looking to hire a professional to help with my taxes this year, i've always done them myself but fear I'm leaving money on the table. I have a w-2 income and own three properties, all long term rentals, t...

So i understand you can record the structure portion of the property as depreciation as a paper expense.  But do I have to?  I expect the cash flow to be so small that taking the depreciation makes no difference.  If ...

Hello I just got my first flip under contract and did very well on it. I’m trying to find if there is a way to lessen the amount of capital gains I pay. I never made the property my primary and only had the house for ...

Hey everyone,
I recently became a real estate agent and am selling my own flip. My question is for taxes is it better to not take commission and take the profit as capital gain or take commission and it be a taxed li...

Hello,Is it just me or does depreciation recapture and capital gains make real estate seem less lucrative or attractive than it used to?  I'm not to keep on losing 40% of my hard work to the government.  I know 1031's...

I'm in a process of transferring some of my properties to an LLC entity. These are four properties that were bought within a period between 3-14 month ago. The LLC is structured in such way that my wife and I own two ...

Hi Everyone,Would love some advice from those of you who have been in my shoes before. I'm new to this and cramming education quickly. Im a young corporate sales professional with a large income (which we all know mea...

I wanted to explore Syndication as a passive investment opportunity with fellow BP members. I am not able to figure out if it is possible to defer the depreciation recapture gains when the syndicate goes the full cycl...

Hi Guys, So I am trying to (finally) figure out the truly correct way to calculate my taxes on an underperforming 2-family property I'm going to sell soon (for purposes of below, I plan to sell in June 2015 and have ...

Hi all, this is my first post, been reading tons on BP.  I have a couple rentals and decided to do a flip this year.  Its just finishing up (next couple weeks) and one of my tenants approached me about purchasing the ...