Hi all - I have a few questions surrounding the idea of having an LLC or some other form of entity. For background I do not have one currently and only have one rental property that’s a single family home but am tryin...

I have a cash flowing MF portfolio (about 80 units) and I will be leaving my corporate job soon to 1) be a better Mom to my kids and 2) focus on growing my RE portfolio.  My husband and I each have about $500k in reti...

I read that for any contractors who did work exceeding $600, the investors need to send them 1099. I just bought my first rental end of last year and are still rehabbing it, hasn't rented it out yet. I don't have a LL...

Hi BP folks!
We have a Bushwick-BedStuy, Brooklyn double duplex / 2 family close to the Halsey Brown line stop.  It is fully rented and cash flows 3k+/month. We bought in 2013 for $800k, renovated in 2016, refi'd &am...

Hello everyone,  I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. My question for bigger pocket community is . What entity be best for this purpose,...

Hi Everyone!
I’m a fairly new investor, I have some accounting questions I hope you can help with, because I’m tying my brain up in knots trying to work it out.
I came racing out of the gates and bought 5 houses in ...

Ok, so definitely not looking for legal advice here....But...I know someone who has sold a business in Puerto Rico (7-figure sale) and is looking to move that money to the United States permanently. What would be the ...

-How do taxes work on tenants rent money?
-What is "buy and hold" property?
-What is a "note"? I typically/roughly know the answer to some of these and I hope the get more complicated as I decide to keep asking them...

Hello, I recently completed a house hack that I turned in to a rental after living there for 4 years. I just completed my first year of rental income and great cash flow 800/month cash flow. I am still in the window t...

I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...