Does anyone have a trusted contact in North Carolina to perform a Cost Segregation Study? I have 3 properties I need assessed in the next 2-3 months. Located in Greensboro NC. Thanks. 

I was told all these wonderful things about how I would get my money back for the work I put into the home.  Ahhahhaha, no, that's not the way it works.  You got repairs and you got improvements and only the REPAIRS c...

I just purchased my first BRRRR and I'm realizing that I need to expand my COA beyond what I have for property management. I'm working in Quickbooks. Can anyone help? Thanks!

I used capital from a HELOC to purchase a note. Is the interest payments for that HELOC an expense I can deduct somewhere in my taxes? And if so, where? 

What would be the ramifications of not collecting a W-9 and subsequently not issuing a 1099 for subcontracted work? Can those forms be retroactively issued if you have an invoice with a check paid against it? Would th...

I was just thinking, if I were to flip a house and sell it for 25% more, what would that get me in terms of profits, because i know tax takes a HUGE chunk from the sale. If I sold it for 25% more and tax takes out 25...

Folks, I'd like to get a CA Realtor license for my side hustle 1. What is the cheapest online realtor exam study guide ? 2. Anyone has any experience with realestateexpress.com ? 3. Any realtors on this board, I'd ap...

Question to my fellow BP tax expects:Can I use nonrecaptured net section 1231 losses to offset capital gain losses from the sale of an investment property? Thank you!

We are having an underground oil tank removed on one of our investment properties, for $2100.  How is this treated for tax purposes?  Unsure if it's considered an improvement to land in which case I would have to add ...

I am working towards buying my first RE investment property. Looking for RE savvy CPAs who can offer good guidance around RE investing decisions from a tax perspective and optimizing deductions while preparing tax ret...