Hi BP,Just bought my first rental property (3units) in Bakersfield. I'm with a major insurance company and been asked to add the PM I'm working with to the insurance policy as an additionally insured party. Ins compan...

Does it ever make sense to withdraw your money from an IRA before retirement to invest it in real estate?  I know there is a 10% penalty plus it is taxed as income, however I would be able to invest the money in multi...

As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.

Besides the fact that there may be issue...

I’ve (29M) about $250k saved up. Don’t own a home yet, but I’ve been planning to buy one for a while now. Instead of buying a single family home, I’m thinking of buying a condo outright in cash, rent it out so I can s...

Just won a property at foreclosure auction after months of searching everywhere and going to auctions! I was given a receipt of deposit by the trustee at the auction and asked to call their company for further details...

Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.

Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...

We had to make a tough decision to sell a 4-plex in a nice, close-in neighborhood in Portland that we had anticipated holding on to. Other opportunities have come up and some cash on hand is needed. We completely chan...

I am a first time home buyer! I am 25 years old, make 46K a year, and have 10K to put down. I live in North/West Washington. I am looking for a good home to live in and possibly rent out in 5 or more years. Any sugges...

I'm negotiating on a property where the current owners would like to stay for 60 days past close. We have agreed on a rental rate. I'm trying to figure out the things I need to think about to best mitigate risks here ...

If I had $200,000 in cash, would you advise taking out three mortgages that positively-cash-flow over a 30 year period at 4.5% with no prepayment penalty, or doing one all-cash purchase? I go over this in my head ...