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Results (596)
Kevin S. Small business accountant vs accountant with REI background.
30 January 2024 | 11 replies

Hello everyone.  I am a small business owner and already have an accountant for past 25 yrs.  I am new to RE investment and starting out.  My question (probably more relevant to those in similar situation of being sma...

Chris Lucas LLC on title but personal mortgage?
21 March 2017 | 8 replies

Hello!I have seen some posts around this topic, but nothing that definitively answers my questions.I just talked with a lender that will provide a loan in my name, even if the title for the property holds the name of ...

Gregory Robinson Help I'm left with a house!
23 July 2023 | 28 replies

In recent years my mother has, as she said it, gifted me her old house, this process was done without me signing anything and I became the owner of this house that I'm responsible for.  Just within the last year I've ...

Rahul Sunkavalli Pursuing First Fix & Flip
20 February 2019 | 11 replies

Found a REO property that has been sitting around for 120 days and in need of some lite rehab (25k) from walking through it. It is in an area where I would have thought it would have been flipped aready so I am not su...

Kwame Essieh Best way to move properties to an LLC
30 March 2022 | 4 replies

What's the best way to move properties that are in my name into that of my LLC. I've been struggling with this for a while now. I'm told I should do it ASAP but my mortgages all say that upon transfer of a title they ...

Kris Kempe Subject to exit strategy PLS HELP
22 January 2025 | 13 replies

Hey BP fam, 
Have a single family home I got under contract and planned on wholesaling. Nice property in Texas and the entry is 12k. The only issue is the interest rate is 7.125%. I’ve tried posting it in communities...

Janice P. Who's responsible for months of high, unpaid water bills?
9 May 2022 | 10 replies

I rented my condo in November 2021. The signed lease states:"...Lessee shall pay the utility company or authorized metering agency directly for all applicable charges for electricity, water andother utilities serving ...

Katie NA evicting tenant with active lease due to FHA loan requirement
30 August 2017 | 7 replies

The rental  property I am living in was recently sold.  I have an active lease through June 2018 and I am not in violation of any terms.  There is not a clause in the lease stating it will be terminated upon sale of t...

James A. Setting up Solo 401K
24 March 2017 | 18 replies

My question is two parts. 1. Anyone who has a solo 401K can you recommend some good companies?  2. Has anyone successfully set up a solo 401K while still have your employers 401K,  Thank you for any responses! 

Lindsey Clark Avoiding capital gains 2/5 rule
24 January 2020 | 3 replies

Hi BP experts. Hoping to get some answers on a slightly complicated issue. I have asked a couple of accountants this question but they are not real estate specialists so I want to see what kind of  answers I get here....