This fairly simple change in the tax law created some confusion that I want to clear.
The basic rules for deducting business meals have not changed. The only change is that you get to deduct 100% of it, as opposed to...

Hi BP community,My friend is doing a house hack in southern California and was wondering if there was a good way to share/secure common items that could be shareable. For example, there is a Keurig coffee machine - sh...

Economic Update
(Monday, June 7, 2021)
Is Los Angeles a City-State? I ask this question because no one seems to know what Los Angeles is, exactly: city of angels, revenge city, or something else. In 1925, Aldous Hu...

All,I'm interested to hear any strategies or methods you use to increase revenue. I work for a local investor, and we are brainstorming ways to increase cash flow and revenue in his student housing properties.We are o...

I wanted to thank all the posters and feedback to discussions that i have absorbed over the past 18 months.  i would not have ventured into this without this website and the communities discussions (and what a mistake...

Hi,On a 8-plex we are offering on, the seller utilized a 5% cap rate with existing NOI(30k) to arrive at 600k purchase price. If the average cap rate in the area is between 7-8% on similar properties, adjusting this c...

Investment Info:

Large multi-family (5+ units) buy & hold investment in Phoenix.

Purchase price: $600,000

Cash invested: $400,000

1950 drive-in motel. 90% gutted. Only the brick walls remained. N...

When I was an elementary school age kid, my favorite show was the cartoon "Ed, Edd & Eddy". The entire show was about three Eds trying to "scam" their peers or rather start businesses to sell things to other kids....