Wasn't sure where to post, sorry....     Need advice on dealing with my current/former tax preparer, and what to do in the future.
1. thought I had a great tax acct who got a great refund last year. This year she gho...

How much can closing costs differ when doing a mortgage deal compared to an all cash deal? Could it be $100s difference or $1000s? What are the the type of expenses that would be knocked off the HUD-1 form?

Just had an interesting conversation with my CPA, he says he has never had as many audits ordered this month, and he has been doing taxes for over 20 years. Basically, the IRS is interested in how filers with low earn...

So since I am self employed and wrote off a lot on my taxes.. I am only able to be lent about 104k

I'm looking at properties that are 100-130k
I have 26k saved
Rents should come in around 900-1100
Taxes around 900-...

I currently have an investment property I'm considering selling. I purchased for 250k several years ago and have received unsolicited offers of up to 400k. I am considering selling to lock in my gain and using a 1031 ...

Asking: $30,900 (assessed for 38K)
Taxes: $1,799
Currently rent: $750

The 2% rule works: 2% of 30,900 = $618

However: at 6.5% my payments would break down as follows:

P&I: $195
Taxes & Insurance: $23...

Let me start off by saying that I am no means making an excuse to not invest in real estate. I am actually looking to make my first purchase (house-hacking) within the year. Here is what triggers me though:My full-tim...

Hi ,
I'm looking for feedback on solar panels on my personal home in Massachusetts. I am in need of a new roof soon and have been looking into solar panels on my roof as an option to cut my electric bill. I would only...

Good Morning BP,As Tax Season approaches, and this being my first full year of real estate investing, I realize that the one task that I personally am absolutely am horrible at and hate doing is bookkeeping.  I have t...

As I accumulate SFHs for passive income, I'm wondering if I need an accountant.  I've always done my own taxes (including a single rental) using TurboTax.  I'd love to hear folks thoughts on the pros/cons, especially ...