I am trying to make an offer on a triplex, however, I need a pre-approval letter to make the offer? Is this typical?

I am having issues with my DTI, as I have a seasonal rental already, on top of our primary reside...

hello to everyone out there.  This is my first time asking a question.I have a C-Corp with an asset management company under it which owns a portion of my individual LLC.   Currently we are not making money in the bus...

I have a CPA that I really like, but want to meet with a different professional who has extensive real estate experience who can look at my businesses (agent, flipping, hard money, long term rentals, short term rental...

Hello BP community!  Over the past year my husband and I have gone from owning no rental real estate, to now owning 6 properties with 4 more under contract, all single family homes.  Once we close on the remaining con...

Hi everyone, I am in a three member LLC as stated above. I am hoping there is a tax expert out there who can help advise on what is allowed in terms of profit sharing, specifically if only one or two members of the LL...

Hey BP,A partner and i recently purchased a home  with a big lot. Only i am currently on the loan. our goal when purchasing the home was to build a Detached additional unit in the back. I would like to know if my part...

Hello, so about a month ago I received my Real Estate License in New York. At first, I just wanted to use it as a little tool to help me with my pursuit of being an investor (MLS access, networking, having access to h...

I’m currently living in Maryland and I am looking at investing in properties, out of state.I need to set up an LLC and was wondering if I need to file in Maryland or do I do it in the state I will buy the property in...

If investing in a NNN fast
Food restaurant how do I estimate
The depreciation? If building size is 2k sqf and the deal is $1m
Is it 39 year depreciation? What % of the $1m should I estimate?

I'm dating myself but what the heck. I remember from years ago, that for a while Money Magazine did a yearly tax return test involving a hypothetical tax return and tax pros. Money Mag would ask a number of tax expe...