Bp community,

Can my initial downpayment be recouped as an expense against my rental income since these funds were already taxed?

JR

Hello everyone, I’m new to the bigger pockets forums but a long time listener to the podcast.I am in Calgary Ab, in Canada, and looking to work with a accountant for some tax planning for the purchase of my second pro...

How do you account for the purchase of staging items?

I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...

Hello All,
Me and my business partner are going to close on 3 duplexes outside of Atlanta in a few days. All 3 duplexes are right next to each other and have 3 different mortgages with the same bank. My questions for...

Or do you just pay it when you file your taxes? I know for state excise tax escrow pays the state out of the proceeds. What about federal capital gains taxes?

For the most part, all of the real estate based operating systems are geared toward property managers, NOT investors. This includes metrics typically only the manager would need to focus on (work orders, billing, vend...

I have a son that is now 18. He has worked on a number of our houses remodeling them and he has saved his money. He’s a good son and has demonstrated responsibility and hasn’t given my wife nor myself a hard time does...

I'm looking to take out a loan from my self-directed 401k, but I'm curious as to what interest rate to charge myself. I actually want to charge myself as much interest as possible since I'm not planning on contributin...

Hello,  I am trying to gain some insight as to how to collect tax delinquent lists in Anne Arundel County. I visited the District court in Glen Burnie to inquire about a "tax delinquent" listing at the county clerks o...