Im new to Propstream and Im using Propstream To find deals And Im ONLY targeting Vacant Houses with 70% equity or more and I’m Kinda confused on if im only supposed to worry about Deducting the equity that the Seller ...

I'm not getting a clear answer in the law books so maybe somebody can help me. I had a tenant break their lease. I made a deal with them that I would only charge them up to 2 months rent while searching for a new tena...

Hello, I recently converted my primary home of 5 years into a rental property. It was placed into service 11/2015 and was leased 1/2016. Can I deduct a whole years worth of depreciation for 2015 or do I need to subtra...

The BP calculator shows PMI as an operating expense, but had seen somewhere else stating it would not be classified as an operating expense since related to the financing. Anyone?Thanks

Hi BP Community,
I'm currently breaking down an investment deal and I usually combine my Capital Expenses with my Maintenance Expense at 8%. I've heard from other investor he keeps both expenses separate. Would you a...

I bought a duplex a few years back to use for house hacking, so we could save for other investments quicker. We just had to replace the roof this year and I was wondering if anyone would have any insight on this senec...

In your opinion, what is the most tax friendly way to do a flip? 

Hi all,I am new to bigger pockets forum. This is my first post, so apologies in advance if I am posting to the wrong group.I am a real estate investor in bay area and am looking for a good tax consultant. Please give ...

I'm looking for an investor friendly accountant who will help me maximize my deductions and minimize my taxes owed for both my personal and LLC accounts.

I buy and sell a house within a year, lets say with a net profit of $100,000 after everything.I also have "capital loss short term carryover" of $44K and "long term capital losscarryover for $22K". Both from the previ...