Hoping you can help me. An investor (LLC - three members) bought some farmland behind us for twice the value of the surrounding land. No structures are located on the property - just "abandoned farmland" according t...

Im starting my research into the rental side of things and one of the first areas im curious about is the supposed tax benefits.

I found this example on another website. Its generic enough that I thought to share it...

I now have 3 rental properties and 1 primary residence. 2 of the rental properties are doing great but the other 1 is turning into quite the money pit. We hope to spend a lot to fix it this year and maybe next year ...

Hi BP,I understand the tax law regarding owner occupancy for 2 years out of last 5 for tax implications when you sell. What if you have been living in a property, have not been on title, but you do have evidence that ...

All sates, provinces, and countries have specifically designed tax benefits for certain investors and industries. Right? What are some of the best areas to invest in that you all have come across for tax benefit purpo...

I am starting my REI journey in Oklahoma City,OK  and interested in learning more about tax benefits specifically for investment properties acquired under an LLC. I've put together a list of questions and appreciate a...

I recently saw on Bigger Pockets a idea to find people who owe taxes on there property from the county assessor's website, SO is there any people out there who do know of this trick and can help me figure out how to f...

I understand that there are tax benefits to owning real estate, however what are some items I can give to my CPA so we can lower our taxable income? We made about 350k as a household in 2020 and I do not want to be st...

Question for my tax savvy REI's out there.  My wife and I own a handful of long term rentals and I am the sole partner of an LLC for some of it.  My wife assists with property management, scouting new deals, interview...

Hi, I recently purchased a duplex where I’ve had to renovate and repair a good amount. I cant get REPS status but wanted to take advantage of the tax benefits of bonus depreciation. Is it possible to rent one side of ...