Hi everyone,So a little background:  I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit.  The short version is I purchased a Single family ranch at auction using 100% hard ...

At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.

The way I look at it, the company match basically protects my contribution from inflation, and any fund i...

I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).

So the ques...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

Real estate investors ❗🫵🏘️🏠🏞️WHY❓..... are you relying on banks for funding your deals when whole life insurance offers the same function but with (many) MORE benefits, both short and long term? 🤔💡**Access to Cash Val...

Hello BP! This past summer I completed my first deal diary and am here with another diary of an out of state rental property in Northeast Ohio.  ( https://www.biggerpockets.com/forums/522/topics/20... )Currently, I li...

Context: My spouse is a real estate professional by materially participating in the management of multiple Single family Residential.She spends more than 750hr and keep a methodical record oh the activities. Plus thi...

I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...

I found a property near my home that is in a decent area. I live in an area where cash flow is fairly easy to come by but appreciation is low. The deal consists of two buildings on one parcel of land: a triplex and ...

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...