Seeking informed opinions on the best tax avoidance strategy...I own a SFR in NoDak.  I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college.  I have been deliberately managing it as a ren...

I have one property that I purchased in 2019 from a turnkey provider, so there were no expenses on my part other than getting the mortgage. The first tenant moved in in January, so there was no income in 2019.Is the d...

I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?

I'm working a cash paid job (1099), and wanting to start investing in real estate very soon. I am currently filling taxes myself via turbotax. I file as self employed. I have spoken to a few different CPA's. They have...

I currently live in Colorado in the Boulder area and run a tree service. My fiance and myself are looking at buying our first home to live in for a few years 3-5 and then rent out. The asking price for the home is $1...

Need in depth advice on what financial portals would be best to help me possibly save up for my first rental property. I currently have a household income of 42k, and looking to save up short term (roughly 6-8 months)...

I have about $37,000 worth of debt between student loans and used car payments.  My highest rate is 6.5% student loan (tax deductible) the lowest is the car loan at 3%.  I want to break into RE investing with my bigge...

Hey BP World,I've recently started my journey down the road of Real Estate Investing, currently educating myself on the basics and the local market. My Question is how long did it take before you felt comfortable to p...

Hello, I’m starting to analyze deals everyday and came to the problem of calculating expenses on multi family. Question? When I’m calculating expenses ie vancany, repairs, cape, and property management fees do I t...

The last couple years I've had someone else do my taxes.  This year I received a letter from my CPA that the cost is going WAY up.  So my question is how difficult would it be to do my own income taxes?  It's basicall...