Does anyone have a Self-Directed IRA horror story they would like to share?I attended a national REIA meeting last night on Self-Directed IRAs (presented by Equity Trust). I can definitely see all the PROS, but I'm lo...

Here's a question I can't seem to answer myself as I'm deciding how I want to go about things. For example a unit payed off could CF at 1000 per month which would be worth 5 units CF at 200 per month BUT if you pay th...

I have a client that bought a primary home for $100K in 1989 and the home is now worth $1 Mil.  They have divorced in that time period and own the house solely now.  They have put about $50K worth of improvements into...

With the new tax law, investors can have have the 1st 20% of Net Income deducted from taxes. Essentially 20% tax free income.

To get this 20% tax free income, the income needs to come from a pass through entity such...

Greetings BP family! Newbie here, soaking in the collective wisdom.I was googling passive income the other day and learned that you can earn up to 80 k and not pay federal income tax. Is that true?

Hey Everyone!I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to l...

Hi, say you have a single family that you force value on. When you go to refinance after renovating and forcing value, If the property can still cash flow, do you take out more money than needed to pay off the purchas...

Hi BP. Regarding retired applicants, do you still have to keep with the same qualifications? Do you keep with the 3x income?  I have an applicant that only has social security coming in and said they recently sold the...

My dad and I are going to be purchasing a rental property soon under the LLC which he owns. What would be the best way for him to distribute my income to me. I want to be legal and also take advantages of the tax bene...