Hello Everyone,My wife and I are owning one residential investment property which was purchased for around $500K, 7 years back. Now the property is worth $1,2Millions.We are planning to donate this property as now it ...

Hello, question for anyone who may have insight on the best strategy. Wife and I recently married. I started a LLC before we were married in preparation to start owning rental properties . It’s a sole proprietorship.W...

I am looking for a little advice regarding a tax sale property in Missouri.  I realize any advice given is not to be considered legal advice.  I have this in front of my attorney for review, but I am looking for some ...

Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...

Every time we're preparing for a new administration, there's plenty of tax-related noise. The new President is going to do this, do that, yada yada yada.Unfortunately, a lot of financial and tax professionals join thi...

Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...

Hi All,I am looking for an experienced tax CPA in Charlotte, NC area. I have questions around taxes for new construction that I will be selling soon. I have searched through BP but still not confident on what I need t...

I was hoping to clarify something, can someone correct me if i am incorrect?
This example was taken from a previous post, but it was several years old so i though I would post it here

Let's say they invested $100...

where there were 175 properties offered for sale free and clear, and 51 of the properties received no bids!Of the remaining 124 properties the top 3 bids bought 53 of them.  There were 100 registered bidders and some ...

Do you want to learn how to be wealthy? Then you need to learn the tax game and how to save. There are lots of ways to do this. We are able to use 1031 exchanges, cost seg, DSTs, etc. But which one is best for you and...