Hello - Hope everyone is doing well today!  I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items.  I cur...

Hello fellow BP members. I live in Houston, Texas and are getting ready to open a new business bank account for my newly formed LLC. Are wondering which banks may be more friendly and convenient to us real estate rent...

My wife and I are preparing to invest with a group in an LLC that is purchasing two RV parks.  We both have IRA funds with different custodians, but would like to roll them over into self directed vehicles to invest w...

I really need some help understanding the bonus depreciation tax laws.  I have an STR that was placed into service in 2022.  Being a unwise, junior investor, I just claimed straight line depreciation for 2022 and 2023...

I purchased land and subdivided the land into separate lots with individual addresses. I have 7 1099-S, one from each transaction. My question is can I combine all the income and expenses and have file it as 1 1099-S,...

I am applying for commercial credit.   I have 2 scenarios that I don't know how to handle on the application.1) I am applying for the loan and not including my spouse on the application.   She pays a certain amount of...

I am just beginning my REI company and am looking for advice on what entity to set up. I have read about individuals opening 2 LLC's and an S Corp, however with me being brand new to this and not at a rental stage, I ...

Keeping with our new thing for buying commercial properties in Independence, MO (of which, this is the second, sort of) here is another recent close we had that my brother @Phillip Syrios found.6 units; 3 houses and 3...

If you are planning on selling your rental to the tenant in a sort of wrap around mortgage scenario, are you going to be taxed for capital gains since it wasn't you living there? If so, when does it start?

Hello BP friends!  Can someone clarify for me the pros and cons of purchasing an investment property (which I will live in) with an llc vs a personal home mortgage?  Specifically, tax incentives/ deductions?  My resea...