After listening to an informative BP podcast #269 podcast link, I'm inspired to find some tax savings related to a house that I purchased and renovated in 2018.  I also advertised the place to sell and rent in 2018, b...

Curious to hear other's thoughts on saving for college through a 529. I've started contributing ever since my son was born 5 months ago but I hate the fact that it can only be used for education. I feel like there's t...

I've been doing my own tax returns for over 20 years. Last year in addition to my regular real estate transactions as a real estate agent, I bought and flipped a SFR. Normally, I use turbotax business and have found t...

Hello BP family, I currently own a fourplex in Lacey, Washington and I am looking for advice on whether to hold or sell. Here's a breakdown that may help paint the picture, thanks in advance! Short term goals: Accumul...

I’m finally in the position to actually take action and purchase my first rental property after I close on my primary later this week. I’ve got the process down of running my numbers, finding an agent and finding a de...

If you own a commercial property, I would bet that you have been trying to find ways to reduce your expenses to improve your bottom line and you’ve been experiencing high energy costs. 40% of a building’s total ener...

Hi Everyone,I was approached by a "property tax specialist" the other day and he told me I could save a ton of money if the property I'm flipping has been vacant. I bought in October 20 and it was an REO. The REO gave...

Hello! Im wondering if anyone can help me understand if i will need to report income I’ve been receiving via Venmo over this past year. I bought a house early 2022 and have two friends renting out two rooms paying me ...

Hi Bigger Pockets Fam,I was listening to Grant Cardone  youtube channel on how to turn taxes into income this morning and something stood out to me. He mentioned multiple ways to save on taxes but one thing he said th...

Hello all, was wondering if someone could help me understand what part of the rental income is taxable. So I understand that once I receive rent, a certain percentage should be saved for vacancy, capex, repairs & ...