What is my best way to not get crushed with taxes??  I was reading about deferring them with the Like-kind or section 1031 exchange. But that seems like its just avoiding the problem not solving it.  I also heard it c...

I see a lot of confusion on owing the IRS while under extension. Here's how the system works.
1. Extension that you filed on April 15 does give you time to file your taxes until Oct 15. But it does not extend the tim...

Hi,I am looking to purchase a couple rental properties in Nevada, living in California the taxes here are crazy and i want to pay as little as legally possible. If i bought a property in Nevada how would i go about pa...

Hello BP,Myself and two others are investing in a new construction in Joshua Tree, CA that we will be using as a STR. Two of us live in Minnesota and the third partner lives there in California. I have a couple questi...

So I posted the other day asking if I could get around passive income on my rental properties so I could contribute to my retirement account. Post here: https://www.biggerpockets.com/forums/51/topics/1183339-contr... ...

Hi! This is mostly for the landlords who have properties in other states. We live in Massachusetts, but our rental property is in Pennsylvania. Do we have to file PA taxes as well?

Whats up BP fam,I just got off the phone with a owner of a house I found while driving for dollars. She says she wants to sell but she is afraid of paying capital gains taxes because she was killed by them when sellin...

I'm reading conflicting things regarding capital gains on rentals.  According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...

Just about finished renovating a 2nd house that I own. Seeking to begin renting January 1st. Have never been a landlord before. As such, is it best to do a Month to Month (1st months rent and one month security deposi...

I work full-time and have a side gig as a Realtor. I will probably only turn over about 6-10 transactions a year, equating to $14,000 to $24,000 gross additional income. I've read through the Self-Employment tax docum...