did i read that right?  if it passes depreciation will be until 2025?
https://taxfoundation.org/blog/bipartisan-tax-deal-2024-tax-...

The Tax Relief for American Families and Workers Act of 2024 contains the follo...

Can I deduct passive RE losses from nonbusiness income??  I was not aware of this.  Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...

I was reading this CNN article hardly a conservative bastion. The article discussed five norms we should expect going forward. Thought I would share and get your reaction.

The five new norms

Long term unemployment...

Are there any strategies to minimize taxes on the profits from flipping? Also, is it advisable to always purchase in the name of the LLC or is ok to do it on my own name if it is a quick flip? Thanks for your feedback.

I own a tri-plex in a lower rental area. Not get neighborhood and tenants.
Question is can I sell that property in a 1031 exchange for a primary residence.
I’d rather rent out my SFH I live in now. I would want to t...

I manage a warehouse property that is owned TIC between an LLC that I manage and own membership interest of, and a personal 1031 exchange. During the course of leasing up the property, we have been approached to have ...

I own a duplex in my name only. I also own other properties in my LLC, which is comprised of two other unrelated partners. Can I quit claim deed my duplex over to my LLC, and have my partners pay me directly for 2/3 v...

Hello all,I have a large sum of money invested in a handful of Paintings.  Is there a way that i could 1031 exchange my sale from my painting right into a property??  Seems like you should be able too but i haven't be...

What is a Qualified Opportunity Zone (QOZ)?
A QOZ is an economically-distressed community where if certain conditions are met, it may result in deferment of capital gains tax for investors. This tax incentive is part...

Hello BP family,
I have used my heloc, backed by my RESIDENTIAL property, to buy a rental investment property. I'm doing income and expense for this rental property for 2020 taxes. Is the interest paid on the heloc d...