What creative strategies have any of you used to minimize taxes in these quick buy/sell scenarios?

Hello - I was wondering if someone has a better understanding on the changes that are happening under the new Trump tax plan. I'm specifically curious to the limitations of property taxes and wanted to see if they app...

Hi folks,I have an opportunity to partner with someone to rehab and flip a property and was wondering what is the best way to proceed - open a LLC or S corp?  Assuming that either would be better than doing it persona...

How can I turn schedule E rental income into schedule C rental income?  My aim is to open a Solo(k) and fund it with income from rental properties we self-manage. Passive income can't be contributed into Solo(k)'s bes...

I bought a new construction SFR, smart home, energy efficient house for $520,000 last Nov 2021 and it is a LTR.  I am trying to figure out if a cost seg study would be worth it or would any depreciation recapture I wo...

Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...

I can't quite find the answer I'm looking for, I hope you can help.  I built a house about a year ago and after some discovery on cost segregation and depreciation of various assets I got thinking.  Is their more bene...

I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...

I recently(2 months ago) closed on my first property. owner occ duplex.  I got a great deal on the thing about 20% below market and used a FHA. After closing on the loan and the couple bigger projects I completed I st...

Hello BP community and for those who already made it :-) :-) (Baby boomers & Gen X)
when I was in school some one once said to me, to be financially free you need to have five sources of Incomes - at that time I ...