Hello Folks,
I wanted to seek advise from the savvy investors here at Biggerpockets.
My father, who lives overseas, has 100k in US dollars that he would like to give me as a gift for me to invest in Real Estate. M...
I did a cash out refinance on my primary residence in 2017. I did Not use the loan proceeds to buy, build, or substantially improve my primary residence. Instead, I used it to fund other real estate investments. So...
I want to make taxes start working in my favor ASAP.
Thanks
Hey BP,I have a large stock position that I sold and was told it is not able to be a 1031. I have a MF deal under contract and would like to add it in as a down payment. Are there any ways I can do a tax deferral roll...
Question: Is it best to classify these expenses as education or consultation in order to avoid later IRS scrutiny?On the advice of this site I joined my local REIA. Unfortunately I didn't heed all the warnings. Went t...
Hey everyone,
Just wanted to make sure everyone knew about the incredible podcast that came out this morning - with some important tax saving ideas that real estate investors might want to take advantage o...
Participating in my first city tax auction next week.Any general tips? What I know is it’s an absolute tax auction, so all liens will be wiped clean from the property and sold to highest bidder.I am specifically inter...
Does anyone have experience using tax liens as a mechanism to negotiate for or directly acquire properties in Ohio? If so, what are your tips, must-dos, etc.? How does the process work for a newbie?I don't know much a...
I'm going over tax returns for an ill relative who's a landlord and I need some advice. A CPA does their taxes for free as a personal favor but it looks like a 12 year old could have done them and I'm guessing it's co...
All right, my fellow real estate investors.. It’s time. Please please please start getting your books cleaned up right now if they need to be. Save yourself the usual tax season misery!
When has Michael Scott ever be...