Hi folks,Now that I am acquiring enough rentals to have true value, I am getting worried more and more about the risk. That said, it's time to convert to LLC's (probably a little late, but better late than never).Curr...

My husband and I purchased a vacation rental property four hours from where we live in January.  It was gutted when we got it.  Working with a contractor who rented it during the renovation, we got it remodeled, furni...

Does anyone have any experience with VAs and recommendations for a virtual assistant that can primarily look through sheriff's auction website content or auditor's website content and extract information fulfilling sp...

I am exploring STR as a strategy to use accelerated depreciation to offset my W2 income. I am exploring the acquisition of a property that is a SFH but has a couple of ADUs in the same lot. Now ideally I could STR all...

Recently, I was involved in a deal that appeared pretty straight forward. That is, until one unforeseen issue threw the whole thing into chaos.I hope by writing this post, I can help others realize that real estate in...

Hello BP Peeps,Can someone please clarify, if  REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...

Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...

Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...

I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...

Hey all, newbie to Note Investing here. I am currently working on opening a self directed IRA and would like to use it to buy a few notes to start. Can I buy non-performing notes in my IRA or only performing? Aren’t t...