Hello BP, Well, I closed on my 2nd rental property a little over a week ago and have started showing the house for rent. I have a tenet expressing interest in Rent to Own and have not done much research as of yet on t...

I'm a bit confused about how capital gains are taxed. I sold a parcel of vacant land in 2007 and I'm now calculating the gains, which are around $12,000.

I was under the impression the gains are taxed at a lower ...

Hey BP Family ,

I wanted to get some tips on what is it are the best rent payment apps for iPhone. Preferably one that’s free to make rent payments for the tenants. Something that will help me manage the rental proce...

I baited you a bit with that title. I'm not looking to get taken for a ride, but this is what's on my mind.

I have been listening to podcasts, reading books, networking and being mentored to a degree, and analyzing ...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

For the multifamily investors out there, is there any value in providing bulk cable services vs. just having the tenants contract directly with the cable company? The property is a 22-unit, C class multifamily comple...

Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...

Hi BP,Looking for some advice from the BP community. We are a few weeks away from the sale of our NYC apartment. This will net us $300K profit that will have to be put into 1031 escrow to defer capital gains tax. I mi...

Staying true to my 2017 goals, I WILL FLIP 2 PROPERTIES IN 2017..  So far, I am under contract for my first flip and have run into some issues, and wanted input from BP family.   I have a nice rambler under contract f...

We have a once in a lifetime opportunity for a 50 unit deal, off market, two blocks from a college in West Virginia. Looking for NonQM, Non recourse, or Non conventional options to finance the deal? Would also like to...