I bought a house I’m currently flipping last year. Can I use the purchase price as a tax deduction? I would appreciate all info as this tax season I’m being hit with a $6k tax bill.

Hey BP, My wife and I have inherited a property that is split three ways with other family members. We have considered renting it, but it is a condo and the HOA will not allow any more rentals. If we sell the property...

Hello!We have a 2 unit(soon to be 4!) property in Norwalk, CT but live in NYC and are looking for an accountant for guidance to set up systems for us to follow and to submit to our tax accountant, as well as creative ...

Hey guys,I'm a newbie investor and just wanted to get a recommendation on someone who can give some guidance on filing taxes. I'm on the northeast outskirts of Houston in the city of Crosby.

my wife owns a home with her brother and sister. Neither of them can afford to help pay taxes... ins.. or upkeep.  We want to buy them out and use property for buy and hold rental.  It needs some work. There is no deb...

Hi all,

Does anyone know a good tax accountant in the NY area who specializes in accounting for people who own many rental properties under different LLC's? It gets very confusing with many different LLC's. My acco...

We just started our first STR (Airbnb) in Bexar County, TX and I'm tryingto figure out if anyone can get me spun in the right direction with the local tax authority. The City of San Antonio is in Bexar County. My STR ...

Podcast 109 co-hosted by a real estate attorney stated an umbrella policy is not enough personal asset protection and that an LLC is needed.  However, I have read that on BP a popular theory is that one should form an...

Has anyone used Kohler & Eyre CPA's?

I've used KKOS lawyers who have been decent and have good reviews. However, their sister tax/accounting company prices for filing taxes seem a little high. Also, all of the...

Hello! I am considering co-purchasing a home with my mother and want to know if the current inheritance property tax law that was voted in this year in California (saying if you inherit property, you inherit the prope...