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Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
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I was wondering if any on here have successfully used bubbles for structuring seller financed notes. The concept is to get a small balloon payment for less than the full amount of what is owed on the note to meet the...
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I own a triplex in Cleveland, and it's my first investment property. We closed mid-January. I posted before about our terrible property management company. That was in March. In May, it was acquired by another well-kn...
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After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
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Vikram C. posted in another thread about how many politicians -- due to their stature and position -- believe they are above the law.
This comment reminded me of a great (though disturbing) set of...
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Hey guys, I need some help. I bought a house at an auction. There was not access allowed to view the property prior to bidding. After I won the auction, I was walking around the house to get some more ideas on what to...
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Hey everyone, I manage a large home that's roughly 4500 sqft and the tenants just moved in last month. The owner lives in a different country so it's quit difficult to reach him on moments notice. We've had a lot of r...
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I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...