Looking for my first lot to purchase and would love the community's thoughts on the risks associated with this transaction. I found a piece of land posted for sale by owner and priced at half of its market value. So f...

If you have high earned income and can funnel some of the extra money into your passive real estate business to make repairs etc that supplements the passive cash flow, can you still write these expense of as business...

Hey Guys
Quick version of this deal.
We bought an REO in Orlando. It closes this coming Thursday.
I'll use these numbers as they are pretty close.
We paid $180K
We have other stuff going on and we found a cash buyer f...

Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the...

Hi All - I recently closed on a co-investor multifamily deal.  Now I'm in the process of figuring out how best to leverage the LLC for ease of funds flow between the investor group and the property management company....

hello Bp, I have a quick question regarding the best way of handling closing on a multi family. Would it be best to close using the funds out of my company name and write it off or still use my company funds by paying...

How should any one in Canada that is investing in the states and receiving income from properties in the States? Is it best to deposit cheques into a U.S dollar bank account in Canada or open on in the states? I heard...

Hi all, Have a question regarding how to setup the asset protection. From what I have read, LLC seems to be the best choice. But ]I also read about the trust and LP, so i am bit confused as to how to structure it. If ...

Hello BP Friends I am in need of a CPA located in the Greenville, SC area. I have my business entity up and running, however I have had a difficult time finding a CPA which specializes, or even has a fair amount of ex...

Hi All,
I am currently a tax accountant and CPA at a big four accounting firm in Boston, MA. In my current role I specialize in state and local corporate tax compliance. I found my way here months ago by looking for...