Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating asset
I would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage d...

I am thinking about purchasing some rental properties and I am trying to educate myself on the proper way to go about doin it. I've read about the 50% and the 2% rule and I think I have a clear understanding of it. ...

Investment Info:
Building a Fix and Flip/Wholesale Active Income Arm of Our Business.

Routinely have 5-10 active flips/wholesale deals under management/in process. Currently building the fix and flip/wholesa...

Its likely accurate to assume the hardest hit by Covid-19 (economically speaking) is the low income or lower middle class workers in the service sector.  Many are likely to be renters and will be struggling to make mo...

I want to make sure my accountant does the right thing for me regarding when its time to file taxes being that I now rent out a single family home that I bought and rehabed...is there a sort of check list? I am curren...

Hi BPI'm new to the forum, but definitely plan on being around for quite a while!  I love it!I'm looking to form a REI LLC with my mom (she and I are in Chicago) and brother (works full time in California).   My mothe...

My question is what concerns do I have if I repay myself the money I invested in my S corp or can be LLC. My plan is to put money in my already  established S corp or start LLC. Buy a home cash sell it to myself on co...

Hello all. I have been spending almost a year now researching the best strategies in REI. I have a pretty large sum of capital and I am looking to learn as much as I possibly can. Recently, I have been looking into No...

Your lack of experience has no bearing on your savviness and willingness to learn. If I did it, new to this country, not knowing English, not knowing the business, and "broke," anyone with the right desire could do it...

I have an owner/user building that houses my business. There is substantial equity in the building, while simultaneously the business is no longer strong as it once was. My current plan is to sell (it is currenty on t...