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Results (10000)
Ranjith K. Tax write off mastermind course as business expense
21 July 2023 | 6 replies

I am planning to take mastermind courses for real estate investment business. Different programs costs $2000-$13000, yet to finalize. I wanted to know what's the best way to go about it so that I can tax write off tha...

Thom H. 529 Plan options?
5 January 2013 | 11 replies

Here's a 529 plan question for the tax gurus...

I setup a 529 college savings plan for my youngest years ago. She now is in college and earned a full scholarship, so she doesn't need the 529 plan funds for her underg...

Luisito Espanola Tax Deductions In Real Estate Investing
1 October 2015 | 19 replies

Hello, I'm a newbie in this site and real estate investing. I have a question for all you professional investors. I want to know the best way to setup my company in order to make the most money and pay less taxes. I h...

Jason Rogers Help!! Flip Accounting
6 April 2019 | 2 replies

BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...

Alec A. Seeking Advice -1st time home buyer (pre-approved)AirB -Tampa, FL
12 July 2017 | 4 replies

Hi BP, My name is Alec and this is my first time posting on BP. I have been browsing the forums, podcast and other beginner resources for the last 6 months. I would love some feedback/advice on my potential house hack...

Christina Hsu Trump Tax Code changes affecting REI?
27 April 2017 | 10 replies

Just saw this article on the potential changes to the tax code which would impact REI. How would this affect the different real estate strategies like BRRR, multi-family, etc.?https://www.nytimes.com/2017/04/22/busine...

Andrew S. Tax Plan for SFH Flip
14 October 2023 | 3 replies

For context: I have successfully "flipped" three houses in the past 7-8 years, all of which were my primary residence. I'm about to receive the contract on a SFH in NY state (buying outright with cash) with the plan t...

Annelise A. What to do with rental income?
19 January 2011 | 19 replies

I've been dividing my monthly rental income into 3 buckets.

Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...

Sung Jin Purchasing a house to rent it out to people
31 March 2016 | 8 replies

Hi guys!My name is Jin (22) and I am here to learn more about real estate!Despite not having knowledge regarding real estate, I am more than ready to dive into the world of real estate and learn what is necessary to s...

Allison Bagay Education tax deduction
27 October 2018 | 2 replies

What are the requirements for education deductions for the state of Pennsylvania? I am not talking about an actual college education. I am referring to an online film industry seminar that I chose to participate in. T...