I was applying for a DSCR on my rental property (cash out refinance) and everything seemed ok, my FICO 680, DSCR 1.08, Appraisal $179K, LTV 65%.
Unfortunately, the lender cannot close due to derogatory on record on m...

Hello everyone!Okay, I have a question I’m open to hear opinions. So this is my 2nd official year owning my investment business. The first year I did mostly flips. I have my tax returns from that year where I hardly w...

Hey Everyone!  I am just getting started on my real estate investing path and I think I have come across what looks to be a good deal.  I haven't submitted an offer or had an inspection yet, but based purely on these ...

Hi BP community,I am wondering how does property taxes work in US? I will be using a LLC when purchasing the property then have an Holding LLC as I will be thinking long term with multiple properties across various St...

Yesterday I shared how much a property I Co-Host GROSSES ($100k-$115k/year) and people wanted the NET number.  Since I'm the Co-Host for that one, I don't know the net and I'm paid off of the GROSS revenue (20%).So I ...

I just did my first 1031 exchange selling a single family and buying a 4 plex. I did this outside my SDIRA (Self Directed IRA). It got me thinking about using the 1031 exchange within my SDIRA. Here's my thought proce...

Hi Everyone,
Ok - Ive reading a bunch on this and seems the consensus is to file a 3115 for missed depreciation if its been more than 2 years.
I did claim depreciation on 2023's return but did not claim in 2022, 202...

As real estate investors, we form business entities to take advantage of liability protection and take advantage in tax savings. I have always read that if you are flipping real estate, you should do it in a S Corp a...

I have this landlord who is considering selling his home, it is free and clear, plus a cash flow of 1200 a month. he say he will move for 145k, and I said if I can get somewhat close to that would you consider? he sai...

I'm looking to buy a 4 family for $75,000 hear is all the info with numbers I came up with not actual real numbers but the taxes and rents purchase $75,000down payment $1500balance $60000taxes $650 a little high payme...