My friend's mom wants to sale me her property for 50k but it's worth over 100k plus. But she's behind 3k in taxes which is due by the end of this month. I want to buy it and keep it as a rental but if I can't I'll jus...

Hello! married to realtor here, as a realtor my wife is taxed purely as a 1099 worker so we are paying both sides of FICA on our income at this point. we are discussing creating an S corp to reduce this liability but ...

Hello BP family I have a vacancy for a rental and I am in the process of screening a tenant and he is self employed how can I get a proof of income from him if he doesn’t have pay stubs since he’s self employed?

What is the best way to reduce your personal taxable income? I am self employed and receive K1’s from a flipping business and rental properties as well as a W2 and K1 from my transportation business.

Any advice would...

I have an interesting purchase strategy being presented to me, and I wanted to put it in front of the community here to help me poke holes in it. The situation:  I have a family member who wants to help me out in grow...

My mother in-law passed away and there will be a a 401k and possibly a a piece of the property that we may inherit. 
I’m curious if there is a way to roll the 401k into a self directed Ira to avoid tax benefits then ...

I have an active employer contribution 401K and was wondering if I can leverage a loan from it to start with my first deal. The cool thing about it is this particular investment firm offers a 7.5% return to myself for...

Hey everybody,
So my father and I are looking to go into a partnership to purchase my first MFR property. I am bringing $15k cash to the deal. My father is bringing $65k cash as a hard money investor.  The occupied 2...

If a Cost Segregation Study had not been performed on this $4.4M car wash facility located in Marble Falls, Texas, it would have had first year depreciation of approximately $293,200. Thanks to the Cost Segregatio...

We recently purchased a home to rent to my college sophomore and her roommates.  My daughter will not being paying rent.  1. Should I have her sign a lease agreement?2. Does the fact that she doesn't pay rent pose any...