Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...

Hello BP!

Recently went under contract on my first property! It is a duplex in Racine WI. I made the purchase with a hard money lender who will help me with the rehab costs and I want to refinance and pull all my m...

Happy Friday to everyone,
As we continue to become more and more digitally focused, acronyms have become a staple in social media and other reading/writing platforms.
While reducing the number of words you type can...

Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...

Looks like some bitter broker threw me under the bus and reported me to the state (MI) Attorney General with a complaint of "Selling Real Estate Without A License".Who knows the exact rules here?  Is there someplace t...

Currently own rental farmhouse free and clear. Scheduled to be auctioned (absolute). Anticipating about 100K of proceeds from the sale to work with for a 1031 Exchange on next property. My question is: Do I have choic...

Leaning on the BP Community once again ... this time for an SDIRA question about structuring projects to fund with SDIRA funds.I am working on a development project with a partner that is borrowing money from private ...

Hi All,My wife and I are in deep on a four unit deal that we’re going to house hack. We’re going to move into one unit and my mom into another. The rents on the other 2 units are way bellow market value for the area a...

Hi, everyone: my name is jenny, new to this side!
I have property in buffalo!
I was wondering where to do potential tenants background check?
Thanks

Did you know that you could use a self-directed IRA in order to purchase real estate? I have spoken to a couple of different companies that specialize in this. Before I start referring clients to them I wanted to k...