I have been watching several of Mark Kohler's videos on Youtube regarding tax strategies and planning, and came across something that made me scratch my head.  In his diagrams, he considered all rental properties as p...

Hey all, so I had my HUD consultant come by today for the final draw request of my 203K on a duplex. He mentioned that I should look into the 10 year tax abatement. We started this project 11/2019. Is it too late for ...

Hi,Are there any East Cleveland landlords that can help me with a valuation of a property?  A note is available, secured by a duplex in East Cleveland.  I do NOT own the note and this post is not about seeking buyers....

Hello all,

I have a pretty basic question but couldn't find a concise answer posted.

What's the difference between net operating income and cash flow (as used in an REI context)?

My understanding ...

Hello my fellow investors,I'd like to ask your opinion regarding bank accounts. At which stage do you guys think I should open a business bank account? My plan is to flip houses and wholesale deals. I am in the earlie...

Hello All! My name is Bryan. I am a CPA in Missouri and currently work for a large corporation in the St. Louis area as an internal auditor. My wife and I just joined Bigger Pockets and are wanting to get started in m...

Accounting dummy here.  Not that it's any excuse, but as a young guy with very few expenses I haven't felt the impetus to keep track of my personal finances in any way other than the resources provided through my onli...

I've found a condo foreclosure that was built in 2003 and sold new for $135,000. The current asking price is $24,500.

Assuming I can't get people lined up all day long to pay $850/mo, is there any reason not to buy ...

I just closed on a 10% down vacation loan (second home mortgage) and one of the requirements is to be in the property 14 days out of the year.  Does anyone have any experience with this and how to report that you stay...

So my 2015 (the year we started rehabbing properties full time) was audited. I made the mistake of not using a CPA and she messed up my tax return huge. Long story short I got a $14k refund. During the first quarter o...