I am wondering if anyone has any advice on tax savings on income made from flipping. Should I buy investment property out of state, re invest in another flip? 

Hi BP

I am running through some scenarios for a first rental property which will be out of state using a PM.

The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...

Hi all,I'm purchasing an investment property next month (December) (2 units). I want to maximize my tax savings when I file my taxes next April, so I was wondering what I should do til the end of 2022 to maximize my t...

Looking to buy a multi family (3 unit) owner occupant this year. Goal is to live in one, long term rent one unit and short term rental the bottom unit. Im reading the book on tax strategies volume 2, and I’m learning ...

Hi all,My inlaws are considering selling their home that is sitting on 5 acres surrounded by 600+ acres of almond farm that was owned by MIL's father, that she is inheriting along with her 5 siblings. The farm is in t...

My sister just closed on a new home and will be moving my parents in with her. The plan is to rent out my parents current house (which is paid for) then use the profits towards her mortgage. I currently own a home as ...

Hello BP!Just got my first duplex this year and starting to learn the game more. I was wondering ways how you guys save money on taxes? Do you do it yourself or hire a tax professional? I just watched a recent Bo call...

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I'm sure everyone has some knowledge to bring to the table but might not know everything about saving money on your taxes so this thread is here to help make a collective list of ways to save money on your tax returns...

First time rental purchase, I'm well in to the 25% federal bracket (and 7.2% state) and plan on being so for at least the next six years (retirement).  I'm analyzing a lot of deals that barely get me 8% ROI but if I t...