Hi BP,I’m struggling to calculate the potential tax benefits for owning a real estate investment property. My research has shown that the following are the greatest available rental investment property tax write offs:...

I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...

Hi Everyone!
My name is Daniel Schlittler, and I'm a soon to be Real Estate investor. My goal is to purchase my first property (a SFR) in the growing North Texas area by October of this year. These cities include: Pr...

I'm somewhat familiar with the tax advantages of a 1031 exchange. It's awesome that the government put this act into effect but I do have some questions about the full process. My current understanding: in order to av...

I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly.  She does actually classify as such.  We have rental properties in various LLC's and until recently w...

Hello All - I spent the day door knocking on pre-forclosures and thought I'd share my results. I knocked on 12 doors, talked to 4 owners + 1 Facebook lead. Drove about 110 miles and actually had quite a bit of fun. I ...

I just went through two 1031 exchanges this past year and now Upon finalizing my taxes my CPA is telling me I owe capital gains because my loans on the newly purchased properties are less than the loans I had on the p...

Are there any investors buying tax deed properties? If so, what are some of the risks to avoid?

I live in Florida and was wondering why kind of penalties I'm facing. I date on my purchase agreement (when I bought the home from the sellers) is dated 4-22-10. I didn't transfer title to my name to avoid paying th...

I need some advice ASAP.  I made contact with the owner of a house that is going into foreclosure over a $10,000 Mortgage.  The lady is disabled, does not have any money besides what the state gives her, and cannot af...