Hi. I purchased two properties in 2016 and am having a hard time understanding how to evaluate depreciation. My accountant said that depreciation will be against the value of the land, not the actual home. Is this tru...

Hello BP,First and foremost, huge shout out to BP. I would not have gotten this far without it.Currently on the tail end of my first Re-Hab project which should be wrapped up within the next couple of months. Once the...

I am a Realtor and investor right outside of Philadelphia in Montgomery County Pennsylvania (Blue Bell/Ambler). I have been looking for a market where Multi-family properties produce good results (say maybe 1.5 %) whe...

Well, that's interesting.

I was talking to my carpet cleaner yesterday and learned that the local housing authority has asked him to drop his cleaning fee by $40 per house because they are broke.

Then he tells me t...

I am looking for advice on how best to track and structure my expenses to get the most tax benefits.  Currently my wife and I own two properties in the Cincinnati OH area and have just completed the renovation of our ...

I have a condo that I rent near Tampa FL. The unit was bought in cash and is worth approx. $100,000. On two separate occasions (2016 and 2018), I applied for a mortgage so I can use some of the equity to purchase anot...

Hi there,

My husband and I are first-time landlords due to a property inheritance. The home we inherited does not currently have a mortgage on it.

We are looking at refinancing our primary residence, and I'm thinki...

I think I am close to an agreement to purchase six properties from the same seller. They are approximately 30% below market value.

My husband and I would each purchase three properties in our own names, to minimize t...

Hello BP,First and foremost, huge shout out to BP. I would not have gotten this far without it.Currently on the tail end of my first Re-Hab project which should be wrapped up within the next couple of months. Once the...

Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...