My wife is a newer Realtor.  She earned a commission on the purchase of OUR house that closed on December 30, 2016.  However because it was our house she forgot to pick the check up at closing...it was a busy day.  So...

I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...

BP,Stessa was once (maybe still is?) a platform advertised for on the BP podcast...I have recently adopted it and am aggressively working through prior years' data to get the most out of the system. My question is if ...

Hi everyone.

I am wrapping up a trip looking for a house to buy with a Solo 401K, to rent out. It will probably take me another two trips to finally get set up with one I like, as well as lining up the proper...

Does anyone use mint.com to manager their personal (non-business) finances? If so, how has your experience been?

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...

Howdy Guys!
This is my first real post, and i'm completely new to all this. My apologies if this question reveals i'm a moron, I assure you I have no idea what i'm doing. This has probably been asked before but I cou...

Hello BP,Question about rental income. How do I go about pay taxes for the rental income?Thank you in advanced

Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...

Hi! Are you separating rental payments from your general operating account or depositing all monies from the business, including rents in one account. I only have one rental right now but as I acquire more properties,...