I'm about to sell a house I bought for $290K in 2009 for $365K. We lived in it from 2009-2015, and have been renting it out the past 2 1/2 years - so we won't have to pay capital gains tax on the sale - since we pass ...

I have been investing since 2007 with my family, we used own our money to buy our first property, and then our second property which is a triplex using creative financing (we literally don't paid any money, just th...

I'm starting to feel like I'm going in circles!

We have our first property under contract so I thought I should get the LLC set up.

My husband and I will be the members - but from what I have been reading that mea...

Hey guys I wanted to run an idea by you all really quickly!I've gone by the nickname 'Pongo' for many years now in both my professional and personal life. It's part of my online identity on social networks like facebo...

Hi BP,

I wanted to get the community perspective on remodeling a project.  Does it makes sense to get a professional drawing?  I am kinda confused here.  I am in the process of making my basement a legal flat and w...

Hey BP!I am just starting out and I am currently in the education stage of my journey. I would like to purchase my first property within the next year or two, but I’m a little confused on how I could fund multiple dea...

Anyone use Dwolla? Thoughts on it?

Hey Y'all!Finally closed on a place and I'm in the process of getting it furnished and ready to rent. I'm looking to rent to travel nurses as I have a couple of hospitals in the area since I'm hearing they are struggl...

I see a lot of confusion on owing the IRS while under extension. Here's how the system works.
1. Extension that you filed on April 15 does give you time to file your taxes until Oct 15. But it does not extend the tim...

Hello guys, I am trying to analyze a property going for auction in Ohio. Probably I am reading too much into it but I am getting confused with the last part of the County statement, "sale shall not less than 2/3 of th...