New Guy here. I am a 35 year old full time farmer and Stock option trader. I love purchasing property, mostly open land. Closed approximately 20 pieces of property. All buy and hold situations. Land is necessary for f...
Hello, I own 6 acres of vacant cleared land in Southwest, GA. I wanted to get some recommendations or advice as to how I could potentially partner with a developer that may specialized in rural development. The land i...
My wife inherited her mothers home when she passed in October 2017. The home is going to become a rental property. I understand that the basis on which depreciation will be calculated is based on the fair market ...
I keep reading about purchasing a notes. So far I cannot find a clear Order of Operations (most of the stuff I have found has why notes are good, but not hard numbers to run) Then I keeping getting confused: should I...
I am in need of a good tax strategist and or cpa my person will be retiring soon in the Denver Colorado Area, I also have some property in Texas.
I have a question regarding capital gain also, so we sold a couple o...
I have just found out about a Solo401K. I have a small company on the side. I am a sole-proprietor but I still have a day job. Is it possible to fund a solo401k from my day job 401k and still keep the day job 401k? Ho...
Hello Everyone. Can anyone speak to the types of items which I should buy or expense in preparation for next year's tax return? I started my LLC last month and have 2 properties in Memphis in it, but not enough to mer...
Thanks in advance for reading. We are selling our condo and our accountant insists that we are not exempt from capital gains.
We purchased in March 2016 and lived in it 3.5 years until it was rented out for only 18 m...
Hi BP community,I have a question regarding When I can claim Rent $ on a property as " Income" My situation is this ...... I own a house that has a Mother-in-Law wing attached to it ( By Roof line only ) .There is cu...
Has anyone been able to successfully navigate the selling of SFH’s so that they could invest in syndication opportunities with little tax implications?