I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...

I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...

I posted this last week under the Tax, Legal Issues, etc. forum category and not a single response.  I'm not sure if it's such a complicated situation that no one has any advice, or if I simply had the wrong category....

Hello,
I got my 1st rental property in Northern VA and wanted to see how I can save money on taxes.  Do you guys recommend any CPA for this? 
Thanks

Looking for any recommendations on knowledgeable and real estate savvy tax accountants in Maine.

I have an offer accepted on a 4plex. It will cash flow upon the sale. I have a contingency in place for the inspection since it’s out of state. My only concern is the down payment and closing costs will essentially wi...

Hi! So I just got approved for a loan and I start my new job in a couple of days! I am looking to get out of renting but my new job may or may not move me after I finish training in a couple of months.I want to acquir...

I was born in a small town in Southern Illinois. And then I moved. About 27 times, which makes moving a non-issue to me.I bought my first condo in 1998, and very little remodeling increased the value 50%! Pocketing al...

I've been holding a few properties for a number of years now, and have been able to scrape by with my bookkeeping well enough to file my taxes. But now that I want to start growing my portfolio again, I know I need to...

So I inherited a house from a family that passed away a few months ago. It has no mortgage, pretty good condition, and has so much opportunity. It has 2 bedrooms upstairs and an unfinished 1090 sq ft basement (house i...