Has anyone put profit from a flip straight into a Solo401k? Since it is considered active income? Would this be an acceptable way to not pay taxes on that income?

Hi All,I'm looking for CPA recommendations in the Tampa Bay or Central Florida areas.   Preferably it's a person or company that has worked with Real Estate Investor companies (of course :) ),  assist with taxes, dedu...

Disallowed PAL carry forwards from previous years become fully deductible in the year you dispose of the property.If you do a 1031 exchange to dispose of the property, does that still apply?And what if your current ye...

Is it better to hurry and pay off my rental property or use the equity I have built for a down payment on another rental?

Some typical real estate agent and/or business owner meals/entertainment expense tax write-offs are no longer available in 2018. Watch this video for some of the newest tax bill changes....Entertainment Write-off GONE...

We had to get the Sewer Lateral Compliance Certificate before close of escrow when we purchased our rental property last July. This certificate is good for 7 years. How do you normally take a deduction for this expens...

Hi all!As you can tell I'm a super beginner investor but I'm very excited about buying my first out of state investment property. I'm creating a checklist of what to look for when selecting a property. For example: Pe...

Hi we are a couple from Alberta, Canada owning an Airbnb unit in Florida, wondering if there is anyone interested to do our returns or tell us what forms we have to fill in for the tax return, willing to deduct as muc...

I had a handyman do some work at a property today and haven't paid him yet. I remember hearing on an episode of BP recently that you should ask a contractor for a (tax) form before paying him/her. Is it a 1099 I shoul...

Investment Info:

Other other investment in Chicago.

40 acres of farmland

What made you interested in investing in this type of deal?
You have to first need a passion for animals and taking care ...