Hi everyone,This is my first post on BiggerPockets :) I am excited to join this community!I am looking for some advice on tax implications wrt selling my rental property in NYC. I own a rental in the Financial Distric...

Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?

Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...

Hello BP,Im looking for some advice on my current situation and possibly some lenders I can work with. Heres my current personal situation Im trying to change. Currently My wife and I rent a home in the Denver Metro. ...

Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...

When you own a home, you receive a significant amount of tax deduction. Also, certain closing costs and loan discount points are tax-deductible. These tax deductions can bring a substantial amount of money back into y...

Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....

I am looking at purchasing a fourplex with an FHA loan as my first investment. Fourplexes in my area run for $350k+. I am doing my anlysis right now on several and don't see how purchasing a fourplex can cashflow (oth...

I know that seller financing is the perfect option for some sellers, but what are some reasons that the seller would be interested in it?

Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!

That said, I need some guidance on next steps.

Step...