Hello everyone...I just sat down with a potential CPA to discuss my taxes and potential real estate issues.  She told me that she had plenty of experience with real estate and that many of her other clients have inves...

Hey BP,Quickbooks, is this the way to go?I have a REI business and am fairly new to it.  I have only flipped houses thus far but I am very interested in Buy and Hold as well for 2016.  The question I have is what is t...

Hi everyone,Starting in May I'll be able to contribute to my day job's 401k; up to 3% will be fully matched and then 50 cents for the next 2% (I plan to fully max out).  I will become fully vested I believe too.  I do...

Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...

I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?

So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...

Hello,I just received a Landlord Insurance quote from Liberty Mutual for $2,707. Does this seem high?Background: 2-Family Built in 1896Located in Cincinnati OhioUpdated Plumbing and ElectricalI will not be owner-occup...

Hi BP Folks!My search skills must be weak and I apologize in advance for not being able to locate the answer to my question.  I am trying to find out what capital improvements go in which bucket for cost segregation d...

Thanks in advance for clicking into this. Appreciate your time. I'll try and be short but not leave too much out. 
My friend and I work in construction and want to start making some extra cash. He already has some po...