Hello BP community!Great to join BP. I've been reading a few blogs and forums on this amazing site for about two weeks now, and am just starting out on my own learning journey in Real Estate Investing (REI). After rea...

Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...

Hello,I currently have my primary home rented out due to moving. I think the home is doing great, but maybe it’s not? I ran the numbers on it just to see how it would’ve looked as if I was looking to purchase the home...

Hi everyone!I am new to the Real Estate Investing world and am looking into purchasing my first property! I have found a location and run the numbers and it looks like I would be making a positive cashflow, which is a...

My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won’t allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got gr...

Hello,If you borrow from your 401K through an employer, is it typically 50% of the account balance that you can borrow or is it 50% of the employee's contributions?  In our case there are earnings and employer matchin...

My unrelated personal business has taken off and I may be looking at making $500k this year. I own no real estate. I've never made this much money or even close. I need to get rid of some of this cash so I'm not payin...

Dear Fellow BP,

Am a newbie here though I have invested in several properties overseas. Have arranged a trip to New York, Detroit, Maimi, Orlando coming April and hope to find some great properties with reasonable ca...

Hi All,
Long time lurker here. I have read dozens of posts about REP status and it's still clear as mud to me. I am hoping someone educated can chime in on my specific situation.
I am a high income earner, owning a ...