I own a small accounting firm here in Suwanee GA and my partner and I met with a client today that has a mobile home park in KY that he wants to sell in a 1031 exchange for property down here in GA. He moved to Suwan...

What other kind of income can I deduct with Rental Real Estate losses?If lets say I have $50,000 paper losses from my real estate can I use it to deduct short term capital gain? What about other types of "passive inco...

Hey everyone! I just finished pilot training in Del Rio, TX. Now that the intense year is over, I'm roarin' and ready to go with some real estate. I'll be moving to McGuire AFB in New Jersey and am looking for my firs...

I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...

How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property  I purchased a multifamily at an incredible deal, way unde...

Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...

Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well.  Lets say that i have a total o...

Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on th...

I am in the process of selling my C corporation. As it stands I would be tax at the corporate level 21% then the proceeds will flow to me as capital gains. I would then be taxed another 20% totaling 40%. Is it possibl...

Hi Folks,Anyone familiar with a Mastermind group focused on Short-term rentals? It does not have to be local. I'd imagine having one with members located throughout the US would be more helpful so as to give a broader...