We’ve been renting out my property in the Catskills for the past 6 months. I’ve subsequently purchased another property(hoping ready by March), but we will also be managing 2 other airbnb properties(we do not own them...

BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...

Duplex in Delaware currently in an LLC, but the owner of the LLC is a holding company. My wife and I are the only members of the holding company. We want to refinance in our own names, then transfer it back to the cur...

Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...

So, I know this isn't related to real estate, but it does deal with taxes and investing, so I figured some of you guys would have some good suggestions.

Someone I know was in a car accident and he will be receiving a...

Hi guys I have a tax question even though its not real estate related i'm sure someone knows the answers i'm looking for. So if I liquidate money from my business credit cards and open a forex brokerage account and pa...

I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...

Just getting started with rental property investing and I’m wondering if the cash flow generated above and beyond all expenses (PITI etc) is taxable as income in NJ.  Numbers to illustrate the question: PITI is $3000/...

So I was just thinking about this tonight and will call my CPA tomorrow, but figured Id ask here for now. I have a rental condo currently thats worth $650-675k, I bought in foreclosure for $507k, 18 months ago. Anyway...

I am licensed broker and am purchasing a personal primary residence. If I accept a commission create a taxable event which I am trying to avoid. Can I accept a "rebate" from my brokerage in lieu of a commission from m...