Just purchased a duplex as an owner occupier with me living in the basement and renting out the top two floors. Just got my taxes done and I'm confused on how I go about getting my rental income reported to the IRS

Hey all. I searched for an answer here but haven't found it. If I missed it, please let me know.

I'm in the planning stages. What I would like to do is get a multi-family property and collect rent (gasp!)

But when...

Comal County Texas is in the process transitioning to Income Value Tax Appraisal.  The municipality is requesting a by unit list of income and expenses. Tax will be based on profit.  Has anyone encountered this?  How ...

Hi, all!Am seriously looking at buy-and-hold investing out-of-state due to more expensive markets here on the West Coast. Am located in Washington, which is one of only 7 states in the US that has no individual state ...

Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!

Looking to understand how one is able to pay less tax via rental income and at the same time keeping more at the end. Thanks in advance!

Hi all,I've been reading posts on BP for some time now and I'm hoping the community might be able to provide some suggestions. I'm in a bit of a tricky situation, my household annual combined joint income between my w...

I created an LLC a couple of years ago and put the business to the side for a while. I am about to begin the process with it and had some tax questions.This business will most likely always be a side gig for me, so I ...

I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?

Hi everyone,Trying to wrap my head around the Philadelphia business income and receipts tax and net profit tax.If I have an entity that is for rentals what tax am I liable for?And if I have an entity for flips what ta...