Hello community,The wife and I just purchased our first property that will be our primary for the first year or two on a FHA loan. We do plan on refinancing it after that time due to the ideal interest rate we are pro...

I've had mixed answers on this and looking for help. My husband and I own 2 properties under separate LLCs. We file our taxes jointly. One year we were told that we needed to file a separate tax return for each LLC an...

I'm trying to figure out the best way to reduce my rental income. I considered a sole proprietorship management company but it just seemed that that wouldn't be legit - maybe it would but I wasn't sure. My other thoug...

Hey guys and gals! I am a newbie and after tons of research I think I have narrowed down my market. I am excited to purchase my first rental and I am at the point where the only thing left to do is pull the trigger, b...

Under current tax law, your building is set to depreciate over 27.5 or 39 years. But many assets like lighting, carpeting and cabinetry depreciate much faster than that.

Which means you shouldn’t have to wait all t...

I'm a first time investor and my tenant just paid his first months rent. Typically how much do you set aside for Taxes?

Any suggestions so I don't make a rookie mistake?

Are there any landlords out there that use a software and file their own taxes?  We have about 20 properties and was thinking of doing our own taxes.  Thoughts?  

I know an IRA can be used to purchase real estate, but can I combine IRA funds with non-IRA funds to buy a single property?  I.e. I would see it as a partnership from a tax perspective, with IRA owning a portion, and ...

Bigger Pockets Community -
I'm trying to plan for the future and have a question I'd like your thoughts on.  
 

Hello BiggerPockets community,I have titled this post "The Flow of Money", so it does not get confused with the term "Cash Flow". I have just purchased my first rental property, and am trying to understand how the mon...