As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
I have become more interested about SDIRAs after seeing them advertised in BP's Wealth magazine and more recently after reading Matt Faircloth's book "Raising Private Capital" and have a few questions. I am looking to...
My partner and I have owned a 2-unit in SF, as joint tenants, since 6/13 (we were tenants from 1999.) We began renting our second unit 11/15, to a family member, but legit—with actual monthly checks paid to my partne...
My name is Brandon Kanakis-Pennell. I am from Richmond Virginia as you can see from the post subject. My experience in real estate has been literally investing in REITs, crowd funding loans, and purchasing my primary ...
Hello fellow flippers. I'm doing my research and I'm wondering what's the best way to see more of your profit, the right way of course. I hear 1031 exchanges are the way to go but it doesn't eliminate capital gain tax...
Good Day BP!Can I use the properties rental income to help qualify for a loan? If so, what are the details?
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...
Hello BP,
So I am looking to get into the tax delinquent arena here in Denton county, Texas. I've read about the monthly live auctions, but I really wanted to get ahead of that list and try to market to the homeowner...