Especially in a rental.

Hey BP, I am getting close to purchasing my first multifamily investment property. I am contemplating establishing an LLC to run the properties through. I am planning to buy a duplex or triplex, house hack one of the ...

When you turn a personal residence into a rental, you want to make sure you calculate your basis properly.Your basis will be purchase price + improvements made to the house since time of purchase(Assuming the FMV at time of conversion is atleast this amount).Best of luck!

- The universities can create a nice boost to rental values near the campus. 

They've got a travel trailer sitting on the septic for the time being.When we reached out, owner simply said they needed to hold off on selling it until next year b/c they sold their primary residence this year.Don't know much about tax implications of selling primary residence in the same year as a rental.  

Newbie here, scoping out the market for my long-term rental property.

I am either going to flip it or keep it as a rental.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Using rental comp data and the MLS data we analyze based on cash flow potential.

Good day everyone! I’m back at it again! Some previous deals I shared came out to be complete duds! But this time, I thought I’d share a deal that, if everything executes to near perfection, would signal a victoriousl...