Hi ,I have have been buying & holding single family homes for 30+years as an investment approach outside my occupation as an engineer/consultant. As I near retirement my wife and I wonder whether to stay in real e...

I have a former primary SFH that is fully paid of and about to reach the 2/5 years rule. I have no plan of selling it. I want to convert it into an LLC to offset the capital gains. I was about to start an LLC, but few...

Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...

I am thankful and looking for feedback from our professional tax preparers. My wife and I don't qualify for real estate professional status.  We make over 150k a yr.  We have 5 rentals in seperate LLCs that have creat...

Hey BP community, I'm hoping to 1031 a property from California into a state with no income tax, and am planning on relocating most of my estate into this new state over time. I have three questions about completing t...

The money I used to start the IRA was post-tax and the value of the IRA is less than what I invested. I was thinking of waiting for it to even out, or close to it, and re-invest the money somewhere else. Are there pen...

For multifamily and comercial rentals,1. Is it better to pay income tax or not? If so, why?2. Is there any way to avoid paying rental income tax legally? If so, how?

I want to make taxes start working in my favor ASAP.

Thanks

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...

This recent article in Forbes argues that Data proves REITs are better than buying real estate: https://www.forbes.com/sites/marcprosser/2017/07/1...I've been following Bigger Pockets and planning to buy my first rent...