Hello BP world!  I am a new investor looking for my first property.  For all of the great advice I have read on this site, I have not found anything that explains the best way to manage a property's financials?  Shoul...

Morning,
            My current accountant charges me $725 to do my taxes for my three properties. Is that normal? Or should I go somewhere else?
Thanks. 

I have been reading many posts lately where PITI is not fully understood and the nuances of its application to investments property are understood even less. Let me take a stab at clearing some of this up.

P = Princ...

How does a landlord get paid? Do they get paid a salary? What are the tax liabilites?

Been reading a lot of different scenarios for bank accounts with rental properties. Wanted to get your suggestion on my specific situation. Just purchased our first STR condo here in PCB. Have $10k in reserves for re...

I'm in the final stages of buying my first rental. This will be an owner occupied duplex. Since I can't include expenses for my unit for tax purposes, I'm wondering how I should handle accounting for my unit.

Shoul...

Hello BP,It is time for me to renew my contract with our tax strategist/financial advisor. We are upgrading our services to have them take over our accounting and book keeping as well. We are happy with their services...

I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year,  after paying the PITI and expenses, in a rough estim...

Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...

I appreciate everything I have read here about buying investment real estate with a Solo 401K, but am still a little confused about a couple things that I haven't read about.

First, I own a Sole Proprietorshi...