My wife recently made the comment that if I were to kick the bucket, she doesn't have a good understanding of our rental property status.  We are getting ready to close on our third property and I figured it's time to...

If you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and...

Hi BP,Can someone help a newbie piece together the story behind the note data below? This is just a learning exercise for me, I don't have the education or background to seriously consider investing in NPN's, but I'm ...

So I bought a junior lien and got the payoff and reinstatement amounts. I can't figure out what the principle balance will be if I choose to just reinstate the loan.  Here are the major numbers I'm working with. Unpai...

When you’re in the process of saving up for a down payment (20k-100k)... what do you do with the funds?1. High yield savings account the whole time2. Invest in conservative stocks/bonds, withdraw when needed3. Some co...

Hello BP community, My wife and I own 4 rental properties in Denver, 3 of them single family homes and one is a duplex. This year we are planning to sell one single family home and possibly another if capital gains do...

Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage?...

Hi,I'm new to Kingsport, TN.  My LLC is from Virginia,  need some guidance as to close down that LLC and start a new one in Tennessee, or trade as a foreign entity.  In general, would like to get a great CPA, that spe...

I am going to take a loan of $25,000 out of my 401k for a house hack. My wife’s student loan is an income based repayment plan. As I pay my 401k loan back, will this in anyway help lower the loan payment?

I hired an architect who design my garage conversion/adu. He does this work on the side of his actual W2 architectural firm job.  The drawings were completed and submitted and approved. I have approved permitted plans...