I'm selling a property and I'll only owe approximately $4k in taxes on it. I spoke to a QI who quoted me around $1500 to do a 1031.I generally try to *legally* avoid giving the government tax money, whenever I can avo...
Hello BP Community!!My wife and I decided to sell our home and invest whatever profits came out of the deal. In the meantime, I have been binge watching YouTube videos, networking at REI events and attending any semin...
Hello, I'm looking to get some expert opinion/advice for a situation I'm considering on my first BRRRR deal.
Background: I have a duplex in a gentrifying Columbus, OH neighborhood. Doing the BRRRR model and nearing t...
I'm looking at doing a conventional loan on a property that I'll rent to my sister and mom. On the down payment of 20% where can this come from?
I was thinking about using a 0% check with my credit card for the $10...
Hello, I'm planning on purchasing a property in Tampa Bay. My plan is to flip the property, rent it out for a bit and sell it within 2-3 years. Being Canadian, what would be the non-resident withholding tax on the sal...
Hello,I was able to buy two rental properties this year (and my only 2), but want to make sure that I take advantage of all the tax benefits possible. I'm assuming I don't go to H&R block to do this. Who should I ...
Ive been talking with a woman who acquired her house through the purchase of a certificate of title at the courthouse auction. She swears that while you hold the certificate of title, and until that tax lien is satisf...
I have always done my own taxes using the forms off of the IRS website. I was considering moving to tax software this year. I would love to hear recommendations for the different programs that are available. I a...
We are just starting out and working towards getting our first STR. From the stuff we have researched and learned so far we believe getting a real estate tax professional in board earlier could help save us a lot of m...
Are auctions a good way to begin finding properties to flip?