Hey folks, bad news on my end. I’m selling an apartment at a loss and I was curious my tax implications.Scenario: Apartment, Purchased at $150k, selling at $125 in under 12 months (long story, don’t ask)No major imp...

I was listening to episode 513 earlier and the first topic discussed was someone purchased a SFH to use with BRRRR method. They purchased it in an LLC. The issue they ran into was that the bank was using the income va...

If a property has been uninhabited for 5-6 years because we were waiting for the housing market to go back up before selling, is this property considered to be for investment in which case it would qualify for a 1031 ...

Anyone know that if for example I sell a rental house and then I would like to 1031 into a piece of land to use for hunting. Is this allowed since I am not buying another house?  Thx 

Let's dive into the short term rental financing process and provide you with the tips and tools to finance new STR properties anywhere and anytime. 
What is STR financing? - Refers to loans and mortgages that cover t...

Hi BP,   This is my first substantial post.   I'm looking for advice and possible ways to navigate through the HOT(!) Portland market as a brand new beginner to investing.   My wife and I own two properties.   Our pri...

Hello BP community!I recently used HELOC from my residence to purchase a rental house. Seller accept offer at 10/20, but it looks closing date will after 1/1/2019.  Obviously, HELOC interest start from Nov., there are...

Hello! I am in Sacramento, Ca and would like to know if anyone knows what alternative measures they are taking with the foreclosures and tax deed auctions since the courthouses are now closed due to the COVID virus? A...

If a few of you don't mind sharing, How do you (or your CPA) prefer to setup Quickbooks for rehabs.

Do you use class tracking?
Use a new company for each account?
How do you setup your chart of accounts?

Etc, etc.
...

Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...